The EU and Japan's Economic Partnership Agreement that came into force at the beginning of this month is also considered to be a contributing factor of Honda pulling out of Swindon.
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The EU and Japan's Economic Partnership Agreement that came into force at the beginning of this month is also considered to be a contributing factor of Honda pulling out of Swindon.
I have always respected the Brexit viewpoint when it has involved certain principles, including the fact that Remainers will see the UK eventually being drawn deeper into the EU regarding matters that weren't invisaged when we first joined and even about erosion of some of our rights and resources. However, I am not aware of a single soul who was aware of the unravelling consequences of leaving the EU and I suspect that many of the people who voted for Brexit using just anecdotal, jingoistic and facile arguments (as can be witnessed at every turn) do not sufficiently access news sources that may disavow them of some of their beliefs as they become evident. It's all well and good uttering optimistic noises about being a great country (a la MAGA) whilst foreign companies wishing to freely access the EU decide to decamp from the UK. I have always thought that the EU as it stands is a model due to fail in the long term but our current course seems incredibly self-destructive, chaotic, destabilising, highly regrettable and very depressing - ands we are yet to experience the real effects.
Honda make less than 60 diesels per day in Swindon. No factor in the decision.
The UK built 5-door Civic is unique for the Western EU / UK markets. The Global Civic (Japan, China, Thai, Brazil, Canada) is predominantly a common design. By avoiding UK manufactured / styled cars Honda have saved a huge amount in avoiding D&D / Tooling costs, for a relatively low market share (in Europe).
The new Civic is one of 7 vehicles based on their new platform. The Swindon volumes are minuscule in the overall global volume case but the D&D cost was disproportionately high.
For anyone that calls this a shock, the contracts for the Civic21 replacement vehicle were due to be placed with the TierN suppliers in October'18. They have given excuse after excuse why the contracts were 5 months overdue.
For what it's worth I have been working on this vehicle (amongst many others) since March'17, so there's nearly 2 years work gone into the project before Honda have pulled the plug. I've now got to work out how to get recompense for that!
It does seem ,something big is changing in the automotive industry ,would you say this is less to do with Brexit , and more to do with the industry changing and countries bringing jobs home , with this Brexit window being an opportunity to announce it now. rather than later ?
I can't say too much because of the insider trading restrictions. In short it depends on the nationality of the customers. For Japanese companies it's tariff related, more their own than Brexit. For German & French companies it's 100% Brexit & without remorse. For JLR it's diesel. In all cases, they all have to generate funds towards electrification development. They're all running scared & there are some big players at huge risk. Watch FormulaE for the development of the big players, especially the emergence of the battery companies.
It's certainly not wholly down to Brexit but in many cases it's given the excuse many of these companies were looking for.
I wish more people who say "I voted for No Deal, let's just get on with it" would read Des's posts.
I notice that many on here gloss over them. He is describing real devestating impacts and brexit hasn't even begin yet.
I'm in the house, and can reveal from within the corridors of power , something is breaking through , go TM go .
Wales Bales and others at this forum have spent the past 33 months reassuring all those wanting more mosques and wherever they live to be transformed into a mini version of Londonistan that the Brexit vote will not be honoured, yet Remainers still fret that the democratic will of the majority might prevail.
I dont read and absorb twit,face,tube social media garbage stuff , I'd rather hear the words spoken or discussed , let's hope we get this deal done now, and we move on .
To be fair whatever deal it is struck ,even if it ticked every opposition's party box , they'd still vote it down , just for political gain , self intrest ,and media bite headlines.
Yes , you can accuse the nasty Tories and DUP of nationalist self interest political gain , however you can also accuse the rest of the opposition of self interest political point scoring and grab for power .
Pathetic.
I am getting confused again, so you don't read books?
I don't have any legal expertise and this guy is well respected so I would rather listen to him to see if anything has changed than a daily mail headline.
Withdrawal agreement has a chance of going through today, then may gets the boot and we have an even bigger problem because this doesn't secure the future relationship at all. Every headline is based upon a vague idea of what may wants the future relationship to look like but none of this is secured by the agreement.
Strange situation.
The US is in the process of renegotiating every trade deal they are in, and their economic and employment figures keep improving. They are rebalancing their economy in favour of American workers. Yet any talk of Britain doing it is met with doom & gloom, even though the global economic climate is changing.
Despair at brexit and the mess this has all caused because the Tory leadership over the last 7-8 years have put club before country. But today is at least delivering some chuckles. The penny has dropped with some of the erg that this is all they are going to get and they started the day by giving pretty strong signals that they would vote for the deal because of the changes. May won the staring contest.
Then Cox publishes his legal advice which is a real kick in the nuts for the ERG because they can no longer vote for it and save face by claiming the deal has changed.
Finally getting the kicking they deserve and now odds on for may to resign before brexit delivered.
If you knew the AG personally you could have made a killing from the drop in the pound after the advice was published ;-)
May about to get annihilated in first vote. What's the plan for the later votes? :sherlock:
Lost 391-242
Not good for the goal difference that
Talk of a one year delay :hehe: :hehe: :hehe:
Election by June? She can't go on much longer
Somebody has to do it as the majority on here are living in an echo chamber, and it wouldn't be a proper politics forum if everybody was in agreement about everything. It's not as though I am posting random information either, as I vetted both opposing theories over two years ago and it looked plausable. Furthermore, it has stood the test of time far better than what lardy and others have posted.