The Consequences of Brexit [Part 6] READ FIRST POST BEFORE COMMENTING

[L00b]

34 minutes ago, Lockdoctor said:

I listened to and understand what Nissan stated.  Brexit is not the reason the production of the new model will not happen in Sunderland.

You're missing (we all are) a very large part of the puzzle: what assurances Theresa May told Nissan's chairman back in 2016, which is still not public knowledge.

 

Suffice to say, Nissan (allegedly) promised to make the new X-Trail in Sunderland at the times and, clearly, has now reneged on that (alleged) promise.

 

Common sense alone tells you that these 2016 assurances have lost their relevance by February 2019. Because businesses decide on a rational, objective, risk-assessed basis; not for political gain or according to gut feel. And the promises were made a good couple of years before the EU-Japan FTA was concluded, without any certainty that this FTA would be concluded before Brexit.

 

Some experience of doing business with the Japanese, next, would tell you that these 2016 assurances were most probably lies. Because, whether in a business or personal context, the Japanese do not renege on their word. Their super-developed sense of personal honour demands it.

 

The fact that they would in this instance (associated with their earlier intervention in the Brexit debate some months ago, very highly uncharacteristic again), means that they feel sufficiently betrayed, that it offsets the shame of reneging on their earlier promise.

Edited February 4, 2019 by L00b

[Lockdoctor]

12 minutes ago, Eater Sundae said:

If the problem were just lack of demand for diesel cars, then Nissan would not be intending to make a new X-Trail. They still intend to make a new X-Trail, but the key point is that they have made a conscious decision to do it in Japan, and not in Sunderland

The key word is fall.  The factory in Japan was the first choice  to build the new model and Sunderland was selected  to also build the new model at a  time when  Nissan  obviously forecast higher demand for a new diesel  car model.  It makes commercial sense for car a maker to only build a new diesel model in one factory after a sudden fall in demand for diesel cars.  It makes sense for a Japanese owned car maker to choose  the factory in Japan rather than Sunderland when the fall in demand for diesel cars means only one factory will be needed to produce the new model.

[Flanker7]

44 minutes ago, Car Boot said:

Not long now until the British electorate deliver a devastating blow against the capitalist system and global finance - Brexit.

 

Brexit is the first link in a chain that will weaken and destroy an economic system that was designed to institutionalise inequality and keep power, wealth and arms in the hands of the few, not the many.

 

Bring on Brexit!

Oh my goodness where to start.

Brexit is another link in the chain that will give more power to Global Companies over the UK. 

They are the new Super States that subjugate people into slave workers , strangle competition and reduce us to  the role of solely being consumers.

[Lockdoctor]

6 minutes ago, L00b said:

You're missing (we all are) a very large part of the puzzle: what assurances Theresa May told Nissan's chairman back in 2016, which is still not public knowledge.

 

Suffice to say, Nissan (allegedly) promised to make the new X-Trail in Sunderland at the times and, clearly, has now reneged on that (alleged) promise.

 

Common sense alone tells you that these 2016 assurances have lost their relevance by February 2019. Because businesses decide on a rational, objective, risk-assessed basis; not for political gain or according to gut feel.

 

Some experience of doing business with the Japanese, next, would tell you that these 2016 assurances were most probably lies. Because, whether in a business or personal context, the Japanese do not renege on their word. Their super-developed sense of personal honour demands it.

 

The fact that they would in this instance (associated with their earlier intervention in the Brexit debate some months ago, very highly uncharacteristic again), means that they feel sufficiently betrayed, that it offsets the shame of reneging on their earlier promise.

You have ignored the main fact which is there has been a huge fall in demand for diesel cars since Mrs May and Nissan had talks back in 2016,  

[I1L2T3]

50 minutes ago, Lockdoctor said:

Hilarious, I am a rational person and understand that the fall in demand for diesel cars is not a consequence of the democratic UK people voting to  leave the EU and the unrational person says the rational person looks an arse.  

 

You must live a very sad life hoping others lose their jobs.

You have to remember that Brexiters are happy for themselves and their families to lose their own jobs.

 

This is only giving them what they demanded

[L00b]

11 minutes ago, Lockdoctor said:

You have ignored the main fact which is there has been a huge fall in demand for diesel cars since Mrs May and Nissan had talks back in 2016,  

I haven't: this fall in diesel sales across the big 5 European markets is nothing new, it started long before the VW scandal in 2016, which simply accelerated the trend. The Economic Times was already writing about that trend in July 2014. The diesel share of the UK market started falling in 2012, and the fall accelerated in 2016.

 

I can't remember Nissan freezing its UK car manufacturing investments, until last year: Nissan has been consistently warning about no deal Brexit, requesting clarifications about Brexit, cutting workforce and freezing UK-bound investments since the beginning of 2018.

Edited February 4, 2019 by L00b

[El Cid]

1 hour ago, L00b said:

 The Economic Times was already writing about that trend in July 2014. The diesel share of the UK market started falling in 2012, and the fall accelerated in 2016.

 

Diesels are more economical, so why were sales falling?

[RJRB]

17 minutes ago, El Cid said:

Diesels are more economical, so why were sales falling?

More mpg but price manipulation of diesel v petrol firstly meant that the economy only works for high mileage drivers.

Now it seems obvious that the price differential of petrol and diesel will only go one way.

[ads36]

54 minutes ago, El Cid said:

Diesels are more economical, so why were sales falling?

It's been accepted wisdom* for a good few years now that modern diesels don't like city driving, potentially leading to expensive repair bills.

 

(*Right or wrong, lots of people think it's more or less true)

 

Fwiw, just had a research project suspended - because our client is anxious about the (EU) funding.

 

This is (was) a project to develop metallic 3D printing capabilities, here in Britain.

 

Well done Brexit. Thanks a heap.

Edited February 4, 2019 by ads36

[L00b]

1 hour ago, El Cid said:

Diesels are more economical, so why were sales falling?

Used to be more economical. Until they got so complicated (with DPFs and the like), as to get just as expensive as petrols to maintain, whilst hybrids overtook them in the urban/short-trip mpg economy stakes. Many more factors involved, both objective and subjective, but generally speaking there's few reasons to pick diesels nowadays, unless you travel intergalactice mileage on a regular basis...and most car owners don't.

 

Check out taxis in large cities: Paris, Brussels, Luxembourg...there's easily more hybrids and the like nowadays, than 'full-fat' diesels. I was waiting for my train at Paris Gare de l'Est a week ago or so, the ratio in the taxi rank was something like 7 Priuses to 1 Audi or Merc diesel. I'd expect taxi companies/owners know a thing or ten about cost of ownership and comparative strengths and weaknesses.

 

Diesels are forecast to fall to something like 5% of sales by 2030. My next car (buying one this year) might not be a full EV yet, but it won't be a diesel either. Even though diesel is cheaper than petrol here.

Edited February 4, 2019 by L00b