Brexit, for once some facts.

Danidl

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No, I have not ignored it at all. I, m saying both sides stand to lose. The German car industry would be far harder hit than any 7%. I dont think you read the report.
https://www.thelocal.de/20181011/horror-scenario-how-brexit-could-affect-germany

You dont need to register with FT for this one. Saying similar.

The EU are putting political agendas before economic prosperity if its members. Thats plain for all to see. Post "no deal" some if those 27 countries would have to act unilaterally. Yes, the decisionto force a no deal is made by 27 nembers but the majority of any damage (85%) would be felt by only 5..And out of those 5 Germany would absorb 40% of that cost,yet would remain the EU, s largest contributor.
Its inevitable some of those countries would strike deals with UK to avoid hardship bot felt by other EU menbers. This has bren crux of Hargreaves argument since day one.
FT are sinply pointing out other difficulties VAG are facing. (diesel scandal has affected sales in USA and led to massive costs not felt in EU, the point the raise is after posting profit warnings already could they cope with no deal and then Trunp's trade war.
Our negotiations should look at all this. They do not have such a goid hand as assumed and its all speculation. Every bit of it. Nobody really knows what will happen.
And the UK was not putting a political agenda before economic prosperity? That is even plainer to see. Had the EU capitulated and required each individual country make its own deal with the UK, which is what certain people in Whitehall believed would happen ,then perhaps, perhaps, your scenario might have played out. But in this case the EU put principle first and decided very early on on a unified withdrawal strategy. In a collaboration such as the EU, everybody compromises a bit for a greater good. We knew on day 1 that any Brexit was worse than no Brexit. It is a lesson that was not understood abd still not understood by a diminishing group in the UK .
 

flecc

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I thought they were shutting down to refit with electric car making equipment.
No, the shutdown they said is due to the Brexit uncertainties post 29th March, they are heavily dependent on just in time cross channel parts transfers. They've said they're going to use the time for routine maintenance, which could include refitting of course.
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Danidl

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It's silly cos it's true!!!

lol. Floundering Flecc can give facts but can't take them.

We could decimate the German car industry. In fact more than decimate if you look at the numbers.
Decimate is ok.... 10% can be lived with. The UK has already doubled that in sterling devaluation .
I predicted perhaps two years ago, that the British would still be buying Audi, but instead of the A6 ,their budget would stretch to an A4. or the standard paint finish not the glossy metallic
 
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flecc

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There are s of changes ahead in the car business. Petrol and diesel cars are last century technology. Hopefully we can get a slice of the electric pie.
Very true, I'm all electric myself with the 2018 Nissan Leaf. We have of course got Leaf production here so have a head start, but worryingly their NV200 electric van which uses the same Leaf electric components is made in their Barcelona plant. WTO tariffs could tempt them to start moving the Leaf production out.
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oldgroaner

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New material for the million viewers Groaner?

Lol. Still makes me chuckle.
Still trying to pass off your own words as mine? are you referring by any chance the the group of thirty people you assured us check the site fifty times every single day after I pointed out that there had been a million hits?

You are the one who made up the notion there were a million viewers, not me remember?

Still makes me chuckle to think you thought you were being comical rather than making yourself look the idiot that you are...

Apart from clowning around selling second hand right wing propaganda and making a nuisance of yourself, why do you come on with nothing more that platitudes such a "Hopefully we will get something"?

Where are your pertinent facts in support of the ill advised decision you made to vote leave? did you do so because you were thick enough to believe the leave campaign promises?

And by the way repeating lies as you do and attributing them to someone else does not make them true, so each time you do more people will see what a fool you are. Do yourself a favour and stop doing it

Your purpose is of course to disrupt the thread, you will tire before the rest of us do.
 

Zlatan

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Decimate is ok.... 10% can be lived with. The UK has already doubled that in sterling devaluation .
I predicted perhaps two years ago, that the British would still be buying Audi, but instead of the A6 ,their budget would stretch to an A4. or the standard paint finish not the glossy metallic
That argument cuts both ways.
 

Fingers

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And the UK was not putting a political agenda before economic prosperity? That is even plainer to see. Had the EU capitulated and required each individual country make its own deal with the UK, which is what certain people in Whitehall believed would happen ,then perhaps, perhaps, your scenario might have played out. But in this case the EU put principle first and decided very early on on a unified withdrawal strategy. In a collaboration such as the EU, everybody compromises a bit for a greater good. We knew on day 1 that any Brexit was worse than no Brexit. It is a lesson that was not understood abd still not understood by a diminishing group in the UK .

You refuse to grasp that it wasn't the economy people voted out for.

It was accepted there would be a hit financially.

Why do you not get this? You can quote projection after projection. We wanted out the EU. We had a vote and the majority said leave.

It's fascinates me how you use the same argument over and over and the answer is still the same.

We don't care. We wanted out.
 
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Zlatan

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Really? come off it.
OG
Germany exported 594,000 cars to UK last year. You obviously didnt read any of the links I posted. We are the German car industry's biggest single export market.
As I, ve tried to explain before a no deal will affect Germany far nore than any other EU member,which raises one of faults of entire experiment. All 27 have a say about what happens but the consequences are only felt by a few. (a no deal will have zero affects on lets say Luxembourg. There is no machinary within EU to make allowances. Hence Germany, France Spain, Italy will absorb all costs. Those countries will strike deals with UK post No deal. They would have to.
It would be rather naive to think those post no deal deals are not already being discussed secretly.
 
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anotherkiwi

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OG
Germany exported 594,000 cars to UK last year. You obviously didnt read any of the links I posted. We are the German car industry's biggest single market.
As I, ve tried to explain before a no deal will affect Germany far nore than any other EU member,which raises one of faults of entire experiment. All 27 have a say about what happens but the consequences are only felt by a few. (a no deal will have zero affects on lets say Luxembourg. There is no machinary within EU to make allowances. Hence Germany, France Spain, Italy will absorb all costs. Those countries will strike deals with UK post No deal. They would have to.
It would be rather naive to think those post no deal deals are not already being discussed secretly.
Germany is Germany's largest market for cars...

There were nearly as many VWs sold in Germany (Q3) as there were German cars exported to the UK in a year.
 

Zlatan

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Germany is Germany's largest market for cars...

There were nearly as many VWs sold in Germany (Q3) as there were German cars exported to the UK in a year.
Export market. Besides your point is irrelevant. It makes no difference to the affect on company. A no deal could be catastrophic for VAG and the affects it experiences will be in hands of our government. Not those of EU or Germany.
Other issue is will it still be viable to produce RHD cars in Germany. VAG do export around 100,000 cars to Japan. If they did experience a massive drop in RHD cars demand it could easily affect other RHD markets competitiveness.
 
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anotherkiwi

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Export market. Besides your point is irrelevant. It makes no difference to the affect on company. A no deal could be catastrophic for VAG.
I bet it won't be. I can see them being more agressive in the EU market probably offering 0% financing like they have done in the past.
 

Danidl

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You refuse to grasp that it wasn't the economy people voted out for.

It was accepted there would be a hit financially.

Why do you not get this? You can quote projection after projection. We wanted out the EU. We had a vote and the majority said leave.

It's fascinates me how you use the same argument over and over and the answer is still the same.

We don't care. We wanted out.
Or more precisely 640,000 of the 34,000,000 who voted expressed a preference for being more out than in. The reason my answer does not change, is that the question has not changed, and facts are very stubborn.
Now you may have believed that there would be a financial hit, but that was not what was said at the time.
There were a huge variety of reasons mooted, and immigration was also a major reason cited.
 
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flecc

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As I, ve tried to explain before a no deal will affect Germany far nore than any other EU member,
But so what, it's still only 7% of Germany's total exports!

"The economy of Germany is a highly developed social market economy. It has the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and fifth by GDP (PPP). In 2016, Germany recorded the highest trade surplus in the world worth $310 billion, making it the biggest capital exporter globally."

See that, the biggest capital exporter in the world.

The loss of the UK market at just 7% of their total exports they can shrug off with ease, as already did in 2008.
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Fingers

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Or more precisely 640,000 of the 34,000,000 who voted expressed a preference for being more out than in. The reason my answer does not change, is that the question has not changed, and facts are very stubborn.
Now you may have believed that there would be a financial hit, but that was not what was said at the time.
There were a huge variety of reasons mooted, and immigration was also a major reason cited.

What is the question?
 

Danidl

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Or more precisely 640,000 of the 34,000,000 who voted expressed a preference for being more out than in. The reason my answer does not change, is that the question has not changed, and facts are very stubborn
That argument cuts both ways.
Of course it does but except for us in Ireland ,the effect is diluted in a ratio 450:60
 

anotherkiwi

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There are 73 RHD countries in the world, Germany no doubt exporting to most of them.
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India and Indonesia being the ones with the largest populations. Japan a very tough market to penetrate even for VW. Australia and NZ tiny populations. Southern Africa is an interesting market but very much all terrain vehicle territory.
 
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Zlatan

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There are 73 RHD countries in the world, Germany no doubt exporting to most of them.
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Didnt realise there were 73,but without doubt we are largest by a large margin. Inndia take very few, Japan, Australia and South Africa take a fair amount. But nonethess a reduction in their major RHD market could affect competitiveness in others. But I agree its a mute point..
For quite obvious reasons they do struggle in those markets and VAG have had to work very hard to capture only a tiny fraction of Japanese market, where as with our easy to impress car buyers they enjoy almost market donination in UK. A fact I, ve always found quite ridiculous when I, ve driven competition. But that is straying OT.
 
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