19.6%

[AtW]

UK car manufacturing output falls by a fifth as demand slumps

Production declined by 19.6% in November, which is biggest year-on-year drop since 2008

UK car manufacturing output falls by a fifth as demand slumps | Business | The Guardian

[Yorkie62]

UK car manufacturing output falls by a fifth as demand slumps

Production declined by 19.6% in November, which is biggest year-on-year drop since 2008

UK car manufacturing output falls by a fifth as demand slumps | Business | The Guardian

So around 80% of UK car production is exported. Taking this into context with your headline above might infer that there has been a 16% (ish) drop in worldwide demand for cars produced in the UK.

Relating this to Brexit is like saying the current world wide slump in stock markets around the world is a direct effect of Brexit. I think there are bigger forces at play than Brexit. You might as well claim that the next African famine has nothing to do with climate change but is a direct result of Brexit.

[BlasterBates]

So around 80% of UK car production is exported. Taking this into context with your headline above might infer that there has been a 16% (ish) drop in worldwide demand for cars produced in the UK.

Relating this to Brexit is like saying the current world wide slump in stock markets around the world is a direct effect of Brexit. I think there are bigger forces at play than Brexit. You might as well claim that the next African famine has nothing to do with climate change but is a direct result of Brexit.

VW global sales up in November 2018

I think this has everything to do with Brexit, sales are booming everywhere except in the UK.

[BlasterBates]

So around 80% of UK car production is exported. Taking this into context with your headline above might infer that there has been a 16% (ish) drop in worldwide demand for cars produced in the UK.

Relating this to Brexit is like saying the current world wide slump in stock markets around the world is a direct effect of Brexit. I think there are bigger forces at play than Brexit. You might as well claim that the next African famine has nothing to do with climate change but is a direct result of Brexit.

The CNBC/CNN market experts are indeed including Brexit as one of the factors causing the world wide slump in equity markets.

[Yorkie62]

The CNBC/CNN market experts are indeed including Brexit as one of the factors causing the world wide slump in equity markets.

Cause its such a convenient tag and means the CNBC/CNN Journalists don't have to get off their bar stools to get a story.

[BlasterBates]

Cause its such a convenient tag and means the CNBC/CNN Journalists don't have to get off their bar stools to get a story.

Absolutely what do the economists know and probably the fund managers telling CNBC journalists that Brexit is reason for selling stocks are just talking rubbish.

[Yorkie62]

VW global sales up in November 2018

I think this has everything to do with Brexit, sales are booming everywhere except in the UK.

I didn't realise you subscribed to Just Auto or did you just read the headline and decided to publish. You actually have to subscribe to Just Auto to read the article.

How to you get that out of one manufacture that makes cars and sells cars all over the world is doing better this year than it has in previous years when it's sales slumped due to diesel gate. People have very short memories.

Now are we just taking VW here or are we talking VAG, i.e. VW, Audi, Skoda, Seat, Ducati, Bently, and probably a few others I've missed.

[Whorty]

Absolutely what do the economists know and probably the fund managers telling CNBC journalists that Brexit is reason for selling stocks are just talking rubbish.

I thought we agreed that we don't listen to experts anymore? We only listen to random nobodies on social media ... talking of which, Yorkie makes some excellent points and even though I have no idea what his experiences are, I think he must be spot on with his analysis... he's certainly to be trusted more than those damn experts