Santo Posted October 28, 2016 Share Posted October 28, 2016 Nissan spokesman denied a deal specifically for Nissan yesterday. He said any support and assurance applied to the entire automotive industry. That might well be the case but one can still ask will all other industries be given similar assurances? Jeremy Corbyn said the same thing. He's such a great leader. He like, totally thinks what everyone else is thinking! Link to comment Share on other sites More sharing options...
the_bloke Posted October 28, 2016 Share Posted October 28, 2016 That might well be the case but one can still ask will all other industries be given similar assurances? Jeremy Corbyn said the same thing. He's such a great leader. He like, totally thinks what everyone else is thinking! We can ask, but we're not being told Corbyn has reason to keep quiet about Brexit, he needs a hard Brexit to put most of his nationalisation and bank taxing plans into place. He also needs a hard Brexit to fail so badly that voters will turn to Labour. It's the only way he'll win votes from the other parties. Link to comment Share on other sites More sharing options...
unbeliever Posted October 28, 2016 Author Share Posted October 28, 2016 That might well be the case but one can still ask will all other industries be given similar assurances? Jeremy Corbyn said the same thing. He's such a great leader. He like, totally thinks what everyone else is thinking! The car manufacturers potentially face a tariff of 10% on exports to the EU if there is no deal stating otherwise. The UK government will get a lot more from EU car exporters selling in the UK than UK car exporters pay to the EU governments. There's nothing inherently wrong with a UK government using a portion of this tariff money to compensate UK car manufacturers. No other UK based businesses will be hit so hard by tariff even in the worst case, so there are plenty of legitimate grounds to make special arrangements for the auto folk. Link to comment Share on other sites More sharing options...
Gamston Posted October 28, 2016 Share Posted October 28, 2016 That might well be the case but one can still ask will all other industries be given similar assurances? Jeremy Corbyn said the same thing. He's such a great leader. He like, totally thinks what everyone else is thinking! The reality is that the motor industry is at the front of the queue in getting assurances or being privy to confidential information, because they are second behind oil in the value of global exports. The fact that Germany is the World's leading motor vehicle exporter and the UK are their best export market by volume, means the UK have an excellent bargining chip to continue tariff free motor vehicle trading with the EU after BREXIT. Hopefully this bargaining chip will be used to help many other UK based industries to continue future tariff free trading with the EU. ---------- Post added 28-10-2016 at 17:51 ---------- At best the Tory minister was cagey about the deal Nissan got. He mentioned something about research into electric vehicles but didn't finish the point. I don't think anyone bought the bull about research into electric vehicles as the real reason for Nissan's decision. Link to comment Share on other sites More sharing options...
unbeliever Posted October 28, 2016 Author Share Posted October 28, 2016 The reality is that the motor industry is at the front of the queue in getting assurances or being privy to confidential information, because they are second behind oil in the value of global exports. The fact that Germany is the World's leading motor vehicle exporter and the UK are their best export market by volume, means the UK have an excellent bargining chip to continue tariff free motor vehicle trading with the EU after BREXIT. Hopefully this bargaining chip will be used to help many other UK based industries to continue future tariff free trading with the EU. Or because they're the only ones facing a potential 10% tariff and so are most in need of reassurance that they won't have to bear that burden alone. Link to comment Share on other sites More sharing options...
Gamston Posted October 28, 2016 Share Posted October 28, 2016 Or because they're the only ones facing a potential 10% tariff and so are most in need of reassurance that they won't have to bear that burden alone. Yes fair point. Link to comment Share on other sites More sharing options...
unbeliever Posted October 28, 2016 Author Share Posted October 28, 2016 Yes fair point. Thank you. It's frightfully good of you to say so. Such character is a rarity on the forum. Link to comment Share on other sites More sharing options...
Santo Posted October 28, 2016 Share Posted October 28, 2016 The reality is that the motor industry is at the front of the queue in getting assurances or being privy to confidential information, because they are second behind oil in the value of global exports. The fact that Germany is the World's leading motor vehicle exporter and the UK are their best export market by volume, means the UK have an excellent bargining chip to continue tariff free motor vehicle trading with the EU after BREXIT. Hopefully this bargaining chip will be used to help many other UK based industries to continue future tariff free trading with the EU. ---------- Post added 28-10-2016 at 17:51 ---------- I don't think anyone bought the bull about research into electric vehicles as the real reason for Nissan's decision. No, I quite agree. I'm just playing Devil's Advocate. But as I said earlier, all's fair in love and war. ---------- Post added 28-10-2016 at 18:24 ---------- Or because they're the only ones facing a potential 10% tariff and so are most in need of reassurance that they won't have to bear that burden alone. 10% of what? The 'RRP' of the car? Link to comment Share on other sites More sharing options...
unbeliever Posted October 28, 2016 Author Share Posted October 28, 2016 10% of what? The 'RRP' of the car? I don't actually know. I think probably either that or on the actual sale price of each one. Link to comment Share on other sites More sharing options...
tinfoilhat Posted October 28, 2016 Share Posted October 28, 2016 The car manufacturers potentially face a tariff of 10% on exports to the EU if there is no deal stating otherwise. The UK government will get a lot more from EU car exporters selling in the UK than UK car exporters pay to the EU governments. There's nothing inherently wrong with a UK government using a portion of this tariff money to compensate UK car manufacturers. No other UK based businesses will be hit so hard by tariff even in the worst case, so there are plenty of legitimate grounds to make special arrangements for the auto folk. That can't be the only damaging tariff. If it is, great - May has sorted something. In other news Apple has put its prices up for computers and typhoo is putting its prices up - the latter because of sterling. http://www.bbc.co.uk/news/business-37799701 Link to comment Share on other sites More sharing options...
Recommended Posts