Brexit, for once some facts.

[Woosh]

So its bringing jobs here! It might cost the consumer a few more £s for your bike, but I thought people wanted to support UK companies.

In view that the measure's primary aim is to squash the market share of Chinese made e-bikes - which is about 30%, the immediate beneficiaries are existing EU manufacturers who currently have 30% spare production capacity.
Guess what, there won't be much room for newcomers.

 

[oldgroaner]

Dave is that supposed to be positive news. Seems to me to be one of the reasons for leaving the EU. Is the levy imposed by the EU just to protect Bosch from competition. Surely got to be bad for the UK ebike market. Come out the EU, import direct and sell cheaper. Keep their snouts out of it

And totally prevent them ever being made here. isn't that a smart move?
Brexit voters never look deeply enough do they?
It wasn't just to protect Bosch, but the whole industry which would have been ours too had we had one.
Here's the logic
The European Bicycle Manufactures Association complained the bikes were being dumped , sold below the cost of production in the EU and destroying manufacturing jobs.
The numbers involve are huge virtually nil in 2010 to over 800,000 in 2017

And the Chinese will do the same with every other product given the chance, because you are a after a cheap bargain, are you prepared to destroy all home based industries by subsidised Chinese rip offs?

That is a great and guaranteed way to kill off your holy Brexit future to save a few quid

Still you get a prize for a silly idea
"Surely got to be bad for the UK ebike market. Come out the EU, import direct and sell cheaper. Keep their snouts out of it.

And pretty soon it will be the UK's snouts that are "out of it" permanently.
Do you really believe a free for all where the Chinese government's state owned companies sell at a loss to destroy competition is to your benefit?

 

[oldgroaner]

Boris Johnson attacks May's 'miserable' Brexit plan in resignation speech
Former foreign secretary criticises Chequers agreement and urges PM to change tack

Heather Stewart Political editor

Wed 18 Jul 2018 15.57 BST Last modified on Wed 18 Jul 2018 17.08 BST

Boris Johnson's resignation speech: 'It is not too late to save Brexit' - video
Boris Johnson has used a stinging resignation speech in the House of Commons to urge the prime minister to change tack on Brexit, branding the future sketched out at Chequers a “miserable, permanent limbo”.

Johnson resigned as foreign secretary last week in protest at the Chequers agreement, which he had initially signed up to.

Giving a personal statement to MPs on Wednesday, Johnson praised Theresa May, saying: “Everyone will recognise her courage and resilience.”

etc., etc.

https://www.theguardian.com/politics/2018/jul/18/boris-johnson-attacks-mays-miserable-brexit-plan-resignation-speech

Can we make that TWO "miserable permanent limbo's" please and give Boris the other one?

 

[oldgroaner]

Well according to the pro EU village idiots in here yes it is `positive news`, after all the faceless EU cartel says so,
so all you suppliers bow down to your masters in Brussels and do what you`re told.

Will you ever learn?!

We have, but you haven't have you?

 

[oldgroaner]

In view that the measure's primary aim is to squash the market share of Chinese made e-bikes - which is about 30%, the immediate beneficiaries are existing EU manufacturers who currently have 30% spare production capacity.
Guess what, there won't be much room for newcomers.

We are only going to be newcomers because of our investors, and the whole idea of the EU is to protect existing manufacturers inside the group.

 

[gray198]

And totally prevent them ever being made here. isn't that a smart move?
Brexit voters never look deeply enough do they?
It wasn't just to protect Bosch, but the whole industry which would have been ours too had we had one.
Here's the logic
The European Bicycle Manufactures Association complained the bikes were being dumped , sold below the cost of production in the EU and destroying manufacturing jobs.
The numbers involve are huge virtually nil in 2010 to over 800,000 in 2017

And the Chinese will do the same with every other product given the chance, because you are a after a cheap bargain, are you prepared to destroy all home based industries by subsidised Chinese rip offs?

That is a great and guaranteed way to kill off your holy Brexit future to save a few quid

Still you get a prize for a silly idea
"Surely got to be bad for the UK ebike market. Come out the EU, import direct and sell cheaper. Keep their snouts out of it.

And pretty soon it will be the UK's snouts that are "out of it" permanently.
Do you really believe a free for all where the Chinese government's state owned companies sell at a loss to destroy competition is to your benefit?

OG your optimism and faith in our country is boundless

 

[oyster]

OG your optimism and faith in our country is boundless

Not for nothing is "The dismal science" a derogatory alternative name for economics.

Dr Pangloss said everything is for the best in this best of all possible worlds. I'd argue, "we must cultivate our garden".

 

[oldgroaner]

It is positive news. It means you'll find the bike that were assembled in China are now assembled in the UK.

So its bringing jobs here! It might cost the consumer a few more £s for your bike, but I thought people wanted to support UK companies.

This is the direct result of the duty.

https://cyclingindustry.news/wisper-brings-its-high-end-electric-bike-assembly-back-to-uk/

And its why all the big bike brands (Trek / Giant etc etc have assembly plants inside the EU).

Without it, the UK cycle industry would be dead.

You are of course wasting your time exposing Brexit voters to facts, you know that, don't you?

 

[Wisper Bikes]

One reason we are not going to keep the production of all our bikes in the UK is the lack of labour available here. The brilliant, hard working Romanian super stars that will be making our bikes, may still have to go home.

Another reason is that we may not be able to sell into Europe without heavy duties, or build in main land Europe for the same reason the only solution is the bikes have to be made out of Europe all together. We can then export from TW anywhere we choose.

What a mess!

 

[oldgroaner]

OG your optimism and faith in our country is boundless

Indeed it is!
that is why I am unhappy watching it being destroyed by people who imagine they can work miracles.
The problem is, you are putting your faith into the wrong people with the wrong solutions available to them.
I have seen where this sort of stupidity leads, and it simply plays into the hands of our enemies the Chinese
That is why Brexit is doomed.
We will be fighting a worldwide trade war we never planned for, equipped and trained to execute, and haven't the means and the investors and industry to win it.

 

[oldgroaner]

Not for nothing is "The dismal science" a derogatory alternative name for economics.

Dr Pangloss said everything is for the best in this best of all possible worlds. I'd argue, "we must cultivate our garden".

Even if it's on a slag heap

It's not a sight of good times ahead when even the Poundland type stores are finding it hard to stay afloat selling tatty Chinese cheap goods, and the market for Bathroom Suites which was once profitable is no longer capable of sustaining production in volume here, due not merely to labour costs, but even more seriously the cost of energy and environmental controls.

 

[Woosh]

We are only going to be newcomers because of our investors, and the whole idea of the EU is to protect existing manufacturers inside the group.

I don't dispute that, still would like to add that like fining google and ADD on e-bikes today, soon the EU won't need to rely on indirect taxation, they just increase their 'own resources' with anti-dumping duty and fines, directly targeting businesses.

 

[oyster]

Poundland type stores

In much agreement. But we have already seen the model they use deteriorating.

In the beginning, they seemed to get the odd batch of this or that cheaply and flog it. But the manufacturers started making holiday/travel sized products in order to allow the low selling prices. And we end up with tiny product contents, which often are not cheap, and use far more packaging.

As the value of the pound slips further, they will either have to sell even smaller packs or charge more (TwoPoundland?).

 

[oyster]

Guess what, there won't be much room for newcomers.

Have you thought of diversifying? Your company name would surely be ideal for a competitor to...

Farnborough Airshow: Aston Martin unveils sports car for the skies

 

[oldgroaner]

And meanwhile, the proverbial for Brexit hits the fan
From the Irish News

"
Japan and EU to sign trade deal eliminating nearly all tariffs

because Japanese prime minister Shinzo Abe cancelled going to Brussels over a disaster in south-western Japan caused by extremely heavy rainfall, with more than 200 people dying in floods and landslides.

European Council president Donald Tusk and European Commission president Jean-Claude Juncker will also attend a gala dinner at the prime minister's official residence.

Both sides are heralding the deal, which covers a third of the global economy and more than 600 million people.

Prices of European wine and pork will fall for Japanese consumers, while Japanese machinery parts, tea and fish will become cheaper for Europe.
The deal eliminates about 99 per cent of the tariffs on Japanese goods to the EU, but remaining at around 94 per cent for European imports into Japan for now and rising to 99 per cent over the years.

The difference is due to exceptions such as rice, a product which is culturally and politically sensitive and has been protected for decades in Japan.

The major step toward liberalising trade has been discussed in talks since 2013, but the timing of the signing is striking as China and the US are embroiled in trade conflicts.

What future is there for Nissan and Honda UK now?

More here
https://uk.news.yahoo.com/future-britain-eu-strikes-trade-171012375.html

 

[anotherkiwi]

And meanwhile, the proverbial for Brexit hits the fan
From the Irish News

"
Japan and EU to sign trade deal eliminating nearly all tariffs

because Japanese prime minister Shinzo Abe cancelled going to Brussels over a disaster in south-western Japan caused by extremely heavy rainfall, with more than 200 people dying in floods and landslides.

European Council president Donald Tusk and European Commission president Jean-Claude Juncker will also attend a gala dinner at the prime minister's official residence.

Both sides are heralding the deal, which covers a third of the global economy and more than 600 million people.

Prices of European wine and pork will fall for Japanese consumers, while Japanese machinery parts, tea and fish will become cheaper for Europe.
The deal eliminates about 99 per cent of the tariffs on Japanese goods to the EU, but remaining at around 94 per cent for European imports into Japan for now and rising to 99 per cent over the years.

The difference is due to exceptions such as rice, a product which is culturally and politically sensitive and has been protected for decades in Japan.

The major step toward liberalising trade has been discussed in talks since 2013, but the timing of the signing is striking as China and the US are embroiled in trade conflicts.

What future is there for Nissan and Honda UK now?

Don't the Japanese make e-bikes? Well the factories are in Viet-Nam but you know what I mean. Price of Shimano components will be going down?

https://www.yamahabicycles.com/the-yamaha-evolution/

 

[oyster]

What future is there for Nissan and Honda UK now?

Adding in that Nissan is a part of:

The Renault–Nissan–Mitsubishi Alliance is a Franco-Japanese strategic partnership between the automobile manufacturers Renault, based in Paris, France; Nissan, based in Yokohama, Japan; and Mitsubishi Motors, based in Tokyo, Japan; which together sell more than 1 in 10 cars worldwide.

Which seems to turn the screw yet another rotation or two.

 

[oldgroaner]

And meanwhile, the proverbial for Brexit hits the fan
From the Irish News

"
Japan and EU to sign trade deal eliminating nearly all tariffs

because Japanese prime minister Shinzo Abe cancelled going to Brussels over a disaster in south-western Japan caused by extremely heavy rainfall, with more than 200 people dying in floods and landslides.

European Council president Donald Tusk and European Commission president Jean-Claude Juncker will also attend a gala dinner at the prime minister's official residence.

Both sides are heralding the deal, which covers a third of the global economy and more than 600 million people.

Prices of European wine and pork will fall for Japanese consumers, while Japanese machinery parts, tea and fish will become cheaper for Europe.
The deal eliminates about 99 per cent of the tariffs on Japanese goods to the EU, but remaining at around 94 per cent for European imports into Japan for now and rising to 99 per cent over the years.

The difference is due to exceptions such as rice, a product which is culturally and politically sensitive and has been protected for decades in Japan.

The major step toward liberalising trade has been discussed in talks since 2013, but the timing of the signing is striking as China and the US are embroiled in trade conflicts.

What future is there for Nissan and Honda UK now?

More here
https://uk.news.yahoo.com/future-britain-eu-strikes-trade-171012375.html

And here
https://www.theguardian.com/world/2018/jul/17/japan-eu-trade-deal-light-in-darkness-amid-trumps-protectionism

 

[oyster]

Price of Shimano components will be going down?

Not if: Shimano's primary manufacturing plants are in Kunshan, China; Malaysia; and Singapore.

 

[oldgroaner]

Adding in that Nissan is a part of:

The Renault–Nissan–Mitsubishi Alliance is a Franco-Japanese strategic partnership between the automobile manufacturers Renault, based in Paris, France; Nissan, based in Yokohama, Japan; and Mitsubishi Motors, based in Tokyo, Japan; which together sell more than 1 in 10 cars worldwide.

Which seems to turn the screw yet another rotation or two.

And no chance whatever of striking a trade deal with Japan either.
Brexit becomes more of a catastrophe every day.

Oh the Irony! the EU is to lose us, but effectively gain a trade deal with Japan instead..
Own goal of the century on our part