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03-06-2020, 03:40 PM
11

Re: This will have to hurt

Originally Posted by Solasch ->
As you say, this must hurt.

On Wednesday, Ashwani Gupta, the Japanese company’s global chief operating officer, said that with the EU being the Sunderland factory’s biggest customer, the tariffs that would come with a no-deal*Brexit*would mean manufacturing in Britain would not be viable.

“You know we are the number one carmaker in the UK and we want to continue,”*he told the BBC. “We are committed. Having said that, if we are not getting the current tariffs, it’s not our intention but the business will not be sustainable. That’s what everybody has to understand.”

Nissan has previously warned that a no-deal Brexit would jeopardise the*“entire business model for Nissan Europe”*because of the threat of 10% export duties on the majority of the plant’s production.

https://www.dailymail.co.uk/news/art...alks-FAIL.html

Nissan have been playing this game for years. Then they expand Sunderland and move manufacturing from the EU to the UK.

Nothing new here, its just Nissan (like most businesses) trying to get the best deal for themselves.
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03-06-2020, 03:49 PM
12

Re: This will have to hurt

Originally Posted by Bread ->
Nissan have been playing this game for years. Then they expand Sunderland and move manufacturing from the EU to the UK.

Nothing new here, its just Nissan (like most businesses) trying to get the best deal for themselves.
Oh? What deal do they want to close?

Nissan had signalled that it was working towards a June resumption of production at Sunderland, and has now confirmed the date of June 8.
It is understood that the resumption of car production will be gradual, with a single production line that can make the Qashqai and Juke models.

Three weeks after resuming production boris and von der leyen will have to come to a conclusion about the viability of reaching a deal by 31 december this year. If not, sunderland can easily be closed down.
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03-06-2020, 04:03 PM
13

Re: This will have to hurt

Originally Posted by Solasch ->
Oh? What deal do they want to close?

Nissan had signalled that it was working towards a June resumption of production at Sunderland, and has now confirmed the date of June 8.
It is understood that the resumption of car production will be gradual, with a single production line that can make the Qashqai and Juke models.

Three weeks after resuming production boris and von der leyen will have to come to a conclusion about the viability of reaching a deal by 31 december this year. If not, sunderland can easily be closed down.

How do you close down a car plant that employs 7000 people and move it abroad over night then ? How does that work ?

It took over 4 years to build Nissan Sunderland.
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03-06-2020, 04:15 PM
14

Re: This will have to hurt

Originally Posted by Bread ->
How do you close down a car plant that employs 7000 people and move it abroad over night then ? How does that work ?
The same way as closing a plant in spain and moving production to the UK. All depending whether or not boris is able to close a deal with the EU.

You didn't answer my question about what deal nissan wants to close.
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03-06-2020, 04:16 PM
15

Re: This will have to hurt

Originally Posted by Solasch ->
The same way as closing a plant in spain and moving production to the UK. All depending whether or not boris is able to close a deal with the EU.

You didn't answer my question about what deal nissan wants to close.
But the Nissan plant in Sunderland already exists. How does it work Solasch, how to you move Nissan to the EU ?
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03-06-2020, 04:19 PM
16

Re: This will have to hurt

Originally Posted by Solasch ->
The same way as closing a plant in spain and moving production to the UK. All depending whether or not boris is able to close a deal with the EU.

You didn't answer my question about what deal nissan wants to close.
I did they want the UK to get an FTA with the EU but they only see things from their point of view - which was my point.
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03-06-2020, 04:21 PM
17

Re: This will have to hurt

Originally Posted by Bread ->
But the Nissan plant in Sunderland already exists. How does it work Solasch, how to you move Nissan to the EU ?
So does the nissan plant in spain.
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03-06-2020, 04:23 PM
18

Re: This will have to hurt

Originally Posted by Solasch ->
So does the nissan plant in spain.
Its inefficient and out of date which is why its closing. It can't handle the capacity and costs too much money - which is why they are moving it to Sunderland.


So how does it work then ? Are you going to answer my question on how you move Nissan Sunderland to the EU before Dec 31st ?
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03-06-2020, 04:31 PM
19

Re: This will have to hurt

Originally Posted by Bread ->
Its inefficient and out of date which is why its closing. It can't handle the capacity and costs too much money - which is why they are moving it to Sunderland.


So how does it work then ? Are you going to answer my question on how you move Nissan Sunderland to the EU before Dec 31st ?
Move? Just close down sunderland, and keep spain and indonesia open.

Nissan only does that in case there is no deal with the EU, on the level playing field, which protects workers rights. Without that protection it will be easy to lay of british labour.
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03-06-2020, 04:54 PM
20

Re: This will have to hurt

Originally Posted by Solasch ->
Move? Just close down sunderland, and keep spain and indonesia open.

Nissan only does that in case there is no deal with the EU, on the level playing field, which protects workers rights. Without that protection it will be easy to lay of british labour.
Well, here are a few more answers.

1. Nissan do not make the cars in the Sunderland plant in Spain so it would have to build a new factory in 6 months to do it and employ another 7000 people, plus supply chains etc etc. You still haven't answered how this can be done.

2. Spain has 25% corporation tax compared to the UK's 19% so making cars in Spain would be already a 6% extra hit on Nissan profits in Spain compared to here.

3. VAT is 1% higher in Spain than the UK so that's another 1% hit to Nissans taxes. Bearing in mind the UK will not be paying 5% EU vat from 31st December so this can be reduced, saving Nissan a further 5% in taxation.

4. Indonesia is not in the EU and already has a MFN 10% tariff applied to imports (or 6.5% in the case of Indonesia as it is a "preferred" country under the GSP rules).

5. Indonesia has a corporation tax rate 6% higher than the UK

6. The UK has better working rights than the EU - we have, for example, free health care for all employees, a minimum/living wage, more holidays, maternity and paternity pay, a contract for all employees that is legally binding including redundancy notices, we have sick pay etc etc etc

7. Tarrifs are passed on to the consumer anyway

So ....

How (and why) is Nissan moving to the EU before the end of the year. You still haven't answered my question.
 
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