21-11-2017, 01:33 PM
132
Re: One In Four Remainers Now Back BrExit
Originally Posted by Muddy
->
Wanna bet?They can stuff their cars .
We will buy as we do now Japanese.
This to protect European Manufacturers.
Interesting.
21-11-2017, 05:22 PM
133
Re: One In Four Remainers Now Back BrExit
Originally Posted by Tedc
->
Interesting that, on The BBC Radio 2 Jeremy Vine show, this morning, it was pointed out that all non EU car companies are charged a levy when they import cars into Europe.This to protect European Manufacturers.
Interesting.
No wonder the Germans and Frogs are getting worried!
21-11-2017, 05:23 PM
134
Re: One In Four Remainers Now Back BrExit
Originally Posted by JBR
->
So once we're out, Japanese cars should be cheaper.No wonder the Germans and Frogs are getting worried!
21-11-2017, 05:51 PM
135
Re: One In Four Remainers Now Back BrExit
Originally Posted by JBR
->
So once we're out, Japanese cars should be cheaper.No wonder the Germans and Frogs are getting worried!
Actually no, we would have to apply WTO rules to all car imports, which means the same level of duty on everyone.
Cars made in the EU would cost more here in the UK, which would include Kias, Hyundai etc.
Only 8% of BMWs are sold in the UK, 40% of all cars made in the UK are exported to the EU and without a trade deal, they would be subject to the same 9% WTO Tariff as EU cars coming here.
Ford makes in excess of 500000 engines here in the UK which are exported to the EU for assembly, BMW has two plants here in the UK, exports to the EU are £1.75 Billion.
These will be subject to tariffs when we leave.
Vauxhall, in Ellesmere Port has just been bought by Renault Nissan.
Their cars exported to the EU will also be subject to Tariffs.
It is very much a two way thing.
Honda have said that they rely on 350 lorries a day from the EU to produce cars in Swindon, which will be subject to Tariffs and the finished cars will be subject to Tariffs when exported to the EU.
Honda have said that any delays at Dover will cost them production, they work on the LEAN principle, minimum parts storage.
None of these Companies are British owned, they will go if the sums do not add up.
22-11-2017, 09:53 AM
137
Re: One In Four Remainers Now Back BrExit
Originally Posted by Purwell
->
Vauxhall is not owned by Renault Nissan, it is owned by PSA.
My apologies, a senior moment.
PSA are French, so same scenario.
| Thread Tools | |
|
|
