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Nissan Motor Co has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent
A101 wrote:Wow an interesting turn of events if true, closing plants in the EU not the UK
https://www.google.com.au/amp/s/www.blo ... -plants-ftNissan Motor Co has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent
The automaker denied the existence of the contingency plans, according to a spokesman for Nissan Europe quoted by the Financial Times. “We’ve modelled every possible ramification of Brexit and the fact remains that our entire business both in the U.K. and in Europe is not sustainable in the event of WTO tariffs,” he said.
In a speech on Monday, Prime Minister Boris Johnson plans to say he is prepared to quit talks over the U.K.’s future trade relationship with the European Union if he doesn’t get what he wants, according to a U.K. official. Brussels negotiators are set to publish their own mandate the same day.
Klaus wrote:A101 wrote:Wow an interesting turn of events if true, closing plants in the EU not the UK
https://www.google.com.au/amp/s/www.blo ... -plants-ftNissan Motor Co has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent
From your own link:The automaker denied the existence of the contingency plans, according to a spokesman for Nissan Europe quoted by the Financial Times. “We’ve modelled every possible ramification of Brexit and the fact remains that our entire business both in the U.K. and in Europe is not sustainable in the event of WTO tariffs,” he said.
Japan now has a fresh trade deal with the EU which makes direct imports more profitable, so Brexit might just be the straw that breaks the camel's back.
I still find it bizarre that brexiters actually revel in their own compatriots losing their livelihoods en masse as a consequence of their own choice.In a speech on Monday, Prime Minister Boris Johnson plans to say he is prepared to quit talks over the U.K.’s future trade relationship with the European Union if he doesn’t get what he wants, according to a U.K. official. Brussels negotiators are set to publish their own mandate the same day.
Well, good luck with that.
Some people just never learn, no matter how plentiful the evidence.
A101 wrote:Klaus wrote:Japan now has a fresh trade deal with the EU which makes direct imports more profitable, so Brexit might just be the straw that breaks the camel's back.
Well according to the article it is linked from the Financial Times which reported, citing two people involved in the discussions. I can’t vouch for the veracity of the article or the people that’s why I said “ If True”
Klaus wrote:A101 wrote:Klaus wrote:Japan now has a fresh trade deal with the EU which makes direct imports more profitable, so Brexit might just be the straw that breaks the camel's back.
Well according to the article it is linked from the Financial Times which reported, citing two people involved in the discussions. I can’t vouch for the veracity of the article or the people that’s why I said “ If True”
Hence my "might".
And the rest of my post equally stands.
A101 wrote:Of course it’s was always going to hinge on any trade agreement, but the EU-JPN trade agreement might just benefit the UK more than you think
https://www.google.com.au/amp/s/www.fle ... car-market
Derico wrote:If there are two different regulatory, labor, currency ecosystems abutting, by definition there will be a border with some friction.
A101 wrote:Klaus wrote:Arion640 wrote:They will have no choice if Scotland go independent and join the EU. The spanish government will have huge pressure on them, i’m shocked they’ve managed to hold on to Catalonia until now to be honest. I feel the independence movement there is larger than Scotland.
The national spanish government has a veto on any new accession, so that's pretty much the end of it.
The UK doesn't have that veto any more by your own choice, so Scotland's path to independent EU membership has just been opened up on Brexit Day, and for anyone with open eyes and ears it should have been obvious that the EU-friendly scots would find a warm welcome should they make it to independence.
If the Scottish ever become independent and the EU agree to the Scottish joining, I wish the EU well in seeking another Net Beneficiary instead of a net contributor to join, just means less in the pot to go around for the EU.
Klaus wrote:Japan now has a fresh trade deal with the EU which makes direct imports more profitable, so Brexit might just be the straw that breaks the camel's back.
Klaus wrote:In a speech on Monday, Prime Minister Boris Johnson plans to say he is prepared to quit talks over the U.K.’s future trade relationship with the European Union if he doesn’t get what he wants, according to a U.K. official. Brussels negotiators are set to publish their own mandate the same day.
Well, good luck with that.
Some people just never learn, no matter how plentiful the evidence.
Arion640 wrote:Boris threatening to quit talks is just a negotiating chip. Sigh, have none of you ever worked in business?
noviorbis77 wrote:https://www.theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit
We are all doomed aren’t we
Francoflier wrote:Arion640 wrote:Boris threatening to quit talks is just a negotiating chip. Sigh, have none of you ever worked in business?
A negotiating chip that is fooling no one, apart maybe from his voters...
The leverage of each negotiating party is what it is, and no populistic posturing and grandstanding is going to change it.
seahawk wrote:noviorbis77 wrote:https://www.theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit
We are all doomed aren’t we
It was always certain that the global outlook and reduced regulations of the free UK will be highly attractive for businesses. I can see many co-operations closing their EU plants and moving to the UK to better serve the global market.
Boeing74741R wrote:Klaus wrote:Japan now has a fresh trade deal with the EU which makes direct imports more profitable, so Brexit might just be the straw that breaks the camel's back.
I naturally expected Nissan to deny reports a plan to double down on Sunderland existed. No firm would reveal its cards like that until they have made a firm decision. Given the new Juke is now out on the market and the new Qashqai is soon to enter production, I can't see any closure taking place in the short-term until at least the second half of this decade when these two models become due for replacement.
Arion640 wrote:seahawk wrote:noviorbis77 wrote:https://www.theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit
We are all doomed aren’t we
It was always certain that the global outlook and reduced regulations of the free UK will be highly attractive for businesses. I can see many co-operations closing their EU plants and moving to the UK to better serve the global market.
I don’t see a mass exodus of business from the EU to the UK personally, but i also don’t see many major business leaving.
Arion640 wrote:I don’t see a mass exodus of business from the EU to the UK personally, but i also don’t see many major business leaving.
JJJ wrote:Arion640 wrote:seahawk wrote:
It was always certain that the global outlook and reduced regulations of the free UK will be highly attractive for businesses. I can see many co-operations closing their EU plants and moving to the UK to better serve the global market.
I don’t see a mass exodus of business from the EU to the UK personally, but i also don’t see many major business leaving.
More like a trickle.
Contracts slowly being phased out, investment rerouted, etc. Even if you wanted to close shop outright it's expensive, time consuming and generally results in very bad press.
My own company is now receiving orders from Japanese suppliers that generally would have been made at the Japanese manufacturer's own UK subsidiary. So essentially instead of making a certain manufacturing process in the UK in a fully-owned subsidiary it's now done in Spain in a 3rd company.
It's certainly more expensive, but that's what uncertainty does.
JJJ wrote:Nissan supposedly received specific guarantees that the UK government would make up for lack of market access in case of a messy Brexit so that's a factor, too (article from 2016):
Nissan got written post Brexit guarantees from UK
https://www.politico.eu/article/nissan- ... secretary/
JJJ wrote:Arion640 wrote:seahawk wrote:
It was always certain that the global outlook and reduced regulations of the free UK will be highly attractive for businesses. I can see many co-operations closing their EU plants and moving to the UK to better serve the global market.
I don’t see a mass exodus of business from the EU to the UK personally, but i also don’t see many major business leaving.
More like a trickle.
Contracts slowly being phased out, investment rerouted, etc. Even if you wanted to close shop outright it's expensive, time consuming and generally results in very bad press.
A101 wrote:Aesma wrote:
Public departements aren't anything like enterprises, they're there to spend money on the public, not to get it from them (aside from the one getting the taxes, obviously).
No one claimed they have to make money but they have to provide VfM
noviorbis77 wrote:Klaus wrote:Yes, based on actual evidence. The way anything works in this world, or at least should be working.
What evidence?
There is no evidence that a racist, halfwitted Brexit supporter produced this letter. There is every chance a remainer could have done to stir things up. Can you not understand this concept????
Arion640 wrote:Boris threatening to quit talks is just a negotiating chip. Sigh, have none of you ever worked in business?
Reinhardt wrote:Arion640 wrote:Boris threatening to quit talks is just a negotiating chip. Sigh, have none of you ever worked in business?
Yes, for 20 years. That's not how you 'do business'. Especially not with regarding to something of this importance, nor with an entity you have been a major part of and help write it's laws for decades.
His entire (and half the cabinet under him and May) are entirely rhetoric driven. There's no real world data mindset, no serious impression they understand all the minutia of an agreement like this. It's actually pathetic to watch.
SomebodyInTLS wrote:noviorbis77 wrote:Klaus wrote:Yes, based on actual evidence. The way anything works in this world, or at least should be working.
What evidence?
There is no evidence that a racist, halfwitted Brexit supporter produced this letter. There is every chance a remainer could have done to stir things up. Can you not understand this concept????
You don't get to claim that your total lack of evidence is somehow MORE VALID than a huge amount of circumstantial evidence against you. That's just stupid.
Arion640 wrote:We will also be restricting EU fishing boats from our waters.
Reinhardt wrote:Arion640 wrote:We will also be restricting EU fishing boats from our waters.
Oh wow! Then it's all worth it. All of what, 1% of GDP. Well if the UK didn't allow the selling off of quota's in the past then maybe they'd be more UK fishing. But the fish would still end up being sent outside of the UK.
Arion640 wrote:Reinhardt wrote:Arion640 wrote:Boris threatening to quit talks is just a negotiating chip. Sigh, have none of you ever worked in business?
Yes, for 20 years. That's not how you 'do business'. Especially not with regarding to something of this importance, nor with an entity you have been a major part of and help write it's laws for decades.
His entire (and half the cabinet under him and May) are entirely rhetoric driven. There's no real world data mindset, no serious impression they understand all the minutia of an agreement like this. It's actually pathetic to watch.
It’s called negotiation my friend.
Bickering aside, the trade deal will happen. It’s in both sides interest. We will also be restricting EU fishing boats from our waters.
frmrCapCadet wrote:Reinhardt wrote:Arion640 wrote:We will also be restricting EU fishing boats from our waters.
Oh wow! Then it's all worth it. All of what, 1% of GDP. Well if the UK didn't allow the selling off of quota's in the past then maybe they'd be more UK fishing. But the fish would still end up being sent outside of the UK.
This could be an interesting issue for us to study. If the UK supervised the selling of fishing quota's (sp?) was it for a specified period of time? Is there any particular reason that as those time out EU fishers would not be allowed to bid? That income could even be used to subsidize UK fishers for fishing for UK market.
JJJ wrote:Arion640 wrote:
@ Point 3 - and spain will veto Scotland joining too.
Nope. Plenty of politicians on record saying they won't mind as long as it's done legally.
sabenapilot wrote:The higher the trade barriers, the less attractive it will become to make Britain part of an integrated supply chain: you can't have cars for instance cross the channel 3 or 4 times during their assembly like they do no....
par13del wrote:JJJ wrote:Arion640 wrote:
@ Point 3 - and spain will veto Scotland joining too.
Nope. Plenty of politicians on record saying they won't mind as long as it's done legally.
How exactly can someone join the EU illegally?
par13del wrote:JJJ wrote:Arion640 wrote:
@ Point 3 - and spain will veto Scotland joining too.
Nope. Plenty of politicians on record saying they won't mind as long as it's done legally.
How exactly can someone join the EU illegally?
noviorbis77 wrote:None of us will know the truth behind that stupid letter until the culprit can be found.
Unfortunately Brexit has drawn out some pretty unpleasant individuals.
On both sides.
frmrCapCadet wrote:Reinhardt wrote:Arion640 wrote:We will also be restricting EU fishing boats from our waters.
Oh wow! Then it's all worth it. All of what, 1% of GDP. Well if the UK didn't allow the selling off of quota's in the past then maybe they'd be more UK fishing. But the fish would still end up being sent outside of the UK.
This could be an interesting issue for us to study. If the UK supervised the selling of fishing quota's (sp?) was it for a specified period of time? Is there any particular reason that as those time out EU fishers would not be allowed to bid? That income could even be used to subsidize UK fishers for fishing for UK market.
Klaus wrote:noviorbis77 wrote:None of us will know the truth behind that stupid letter until the culprit can be found.
Actually, it is already explicit from the letter itself and there is hardly any plausible argument against the obvious conclusion.Unfortunately Brexit has drawn out some pretty unpleasant individuals.
On both sides.
Ah, you're going for Donald Trump's infamous "There are good people on both sides!" response to the Charlotteville nazi murder.
Well that at least confirms what your standards are and how much disparity you're ready to just ignore.
par13del wrote:JJJ wrote:Arion640 wrote:
@ Point 3 - and spain will veto Scotland joining too.
Nope. Plenty of politicians on record saying they won't mind as long as it's done legally.
How exactly can someone join the EU illegally?
noviorbis77 wrote:Well some of us can look beyond the obvious and don’t just make conclusions after reading tabloids.
Klaus wrote:I was of course referring to Scotland becoming independent with that!
(But by implication it's even true for them joining the EU as well, because as per the rules that's only possible without having any outstanding international disputes.)
LJ wrote:AFAIK they own the boats as well, thus what would the UK do with fishing rights without a boat? Moreover, UK fish is mainly an export product to mainland Europe. Not a good bargaining position for the UK
Olddog wrote:It is funny to put in a balance on one side the UK fishing industry (less than 1% of the gdp with 80 % of the fishes sold in the continental EU) and on the other side the services and banking industries that are around 200 times more valuable to the UK