Tory Brexit No Deal DOOM™: Cars

[Benny]

Because of uncertainty. The government has no clue where they are going to take the country. It's not about what the EU asks for, it's about what the UK government negotiates. (something that some Brexiteers don't seem to understand)

Given the large number of Continental made imports do you not think it is also of interest to the EU to resolve this?

[sasguru]

I should try that again

in 100 words or less provide a sensible explanation of why the average UK citizens next car purchase will be influenced by Brexit.

Why do you think car sales have fallen for several months on the trot ?
Because that's a fact not an opinion.

[WTFH]

Given the large number of Continental made imports do you not think it is also of interest to the EU to resolve this?

Yes, it is in the EU interest and the UK's interest.
If the UK chooses to apply WTO rules and then puts a tariff on car imports, that applies to all cars, not just ones from the EU.

It is in the interest of the EU to resolve this. It is also (denied by many Brexiteers) in the interest of the UK to resolve it. If the UK negotiating team are unable to negotiate a deal that is good for the UK, then the Brexiteers will automatically blame the EU for being too good at negotiating (or in Brexiteer speak, "demanding" things).

Threatening, or getting "no deal" is worse for the UK than the EU. It is not good for either side, but the EU will continue with business as usual internally and around the rest of the world.

[Benny]

Yes, it is in the EU interest and the UK's interest.
If the UK chooses to apply WTO rules and then puts a tariff on car imports, that applies to all cars, not just ones from the EU.

It is in the interest of the EU to resolve this. It is also (denied by many Brexiteers) in the interest of the UK to resolve it. If the UK negotiating team are unable to negotiate a deal that is good for the UK, then the Brexiteers will automatically blame the EU for being too good at negotiating (or in Brexiteer speak, "demanding" things).

Threatening, or getting "no deal" is worse for the UK than the EU. It is not good for either side, but the EU will continue with business as usual internally and around the rest of the world.

Naw - impose tariffs & buy Jaguars it's the only way

[Benny]

Why do you think car sales have fallen for several months on the trot ?
Because that's a fact not an opinion.

Aston Martin Sept sales are up 87.37%
Dacia up 0.73%
Hyundai up 2.16%
Infiniti up 23.8%
Jaguar up 9.99% (yay!)
Kia up 4.97%
Land Rover up 5.2% (yay!)
Maserati up 17.45%
Mercedes up 6.9%
Nissan up 6.30%
Seat up 19.84%

[sasguru]

Naw - impose tariffs & buy Jaguars it's the only way

You do know Jaguar is Indian and can move production to their huge spanking new facility in Slovakia at the drop of a hat?
I wonder if they sell more cars in the UK than the whole of the rest of Europe, what the trends and profitability figures are.

https://www.reuters.com/article/us-j...-idUSKBN14T0GM

Europe was JLRs biggest market in 2016

[WTFH]

Anyway, here's a little bit of understanding about how vitally critical the UK market is in terms of the top 5 car brands globally:

Toyota: 1% of their global sales are in the UK
VW: 3%
Ford: 5%
Honda: 1%
Nissan: 3%

If we stick in the top European brands (after VW):
Renault: 3%
Mercedes: 7%
Peugeot: 4%
BMW: 9%
Audi: 9%
Fiat: 4%

These figures are based on:
Focus2move| World Cars Brand - The top 25 in the 2017
and
https://www.smmt.co.uk/vehicle-data/car-registrations/
Figures for the first 8 months of 2017.

[WTFH]

Aston Martin Sept sales are up 87.37%
Dacia up 0.73%
Hyundai up 2.16%
Infiniti up 23.8%
Jaguar up 9.99% (yay!)
Kia up 4.97%
Land Rover up 5.2% (yay!)
Maserati up 17.45%
Mercedes up 6.9%
Nissan up 6.30%
Seat up 19.84%

That's year to date, not just the month of September.
YTD overall UK sales are down 3.91%
Including:
Bentley: -11.38%
Lotus: -17.99%
McLaren: 0%
Vauxhall: -20.3%
Other British: - 8.28%

[sasguru]

That's year to date, not just the month of September.
YTD overall UK sales are down 3.91%
Including:
Bentley: -11.38%
Lotus: -17.99%
McLaren: 0%
Vauxhall: -20.3%
Other British: - 8.28%

I'm sure Benny wasn't trying to mislead, he's just not very good with numbers, like most on here.
You also need to take into account, that those who buy expensive German cars are not very price sensitive, they'll buy them anyway.

[BrilloPad]

That's year to date, not just the month of September.
YTD overall UK sales are down 3.91%
Including:
Bentley: -11.38%
Lotus: -17.99%
McLaren: 0%
Vauxhall: -20.3%
Other British: - 8.28%

This is sounding like an AGW debate....