Nissan chief executive 'confident' after meeting with Theresa May

[AtW]

https://www.contractoruk.com/forums/...newthread&f=18

In October 2016...

[meridian]

Nissan chief executive 'confident' after meeting with Theresa May

https://www.contractoruk.com/forums/...newthread&f=18

In October 2016...

So now we know what the “sweetener” for Nissan was, a £60m bung.

Which begs three more questions:

- do Brexiters understand hypocrisy, moaning about state aid in Slovakia while the UK attempts the same thing?

- do the Tories have a money tree hidden somewhere, that they can use to buy votes but not to alleviate homelessness?

- if the bung is £60m and Nissan are throwing that away, what’s the real cost of Brexit?

[original PM]

Potentially Sunderland Nissan will not be producing the x trail.

But they will still retain the Quashai....

Three millionth Qashqai built in UK as Nissan Europe sets sales record - Global Newsroom

[Old Greg]

Potentially Sunderland Nissan will not be producing the x trail.

But they will still retain the Quashai....

Three millionth Qashqai built in UK as Nissan Europe sets sales record - Global Newsroom

That's the spirit. But do you know what opportunity cost is?

[original PM]

That's the spirit. But do you know what opportunity cost is?

Depends - would it equal the amount of money the EU/Slovakia government paid to JLR to move production to Slovakia?

Or is it less than that?

[meridian]

Potentially Sunderland Nissan will not be producing the x trail.

But they will still retain the Quashai....

Three millionth Qashqai built in UK as Nissan Europe sets sales record - Global Newsroom

Yep. Until they don't.

Short term: the additional planned jobs no longer available. Those additional jobs paid wages, that would have been spent in the local economy.
Medium term: lines come to their natural end of life, plants aren't retooled for new lines. Redundancies.
Long term: Factory closes as production has completely relocated.


Brexiters: It was always going to happen, China, diesel, market forces, anything but Brexit.

[Old Greg]

Yep. Until they don't.

Short term: the additional planned jobs no longer available. Those additional jobs paid wages, that would have been spent in the local economy.
Medium term: lines come to their natural end of life, plants aren't retooled for new lines. Redundancies.
Long term: Factory closes as production has completely relocated.


Brexiters: It was always going to happen, China, diesel, market forces, anything but Brexit.

At least investment in the automotive industry has held up nicely since 2015.

[shaunbhoy]

Short term: the additional planned jobs no longer available. Those additional jobs paid wages, that would have been spent in the local economy.
Medium term: lines come to their natural end of life, plants aren't retooled for new lines. Redundancies.
Long term: Factory closes as production has completely relocated.

You really ought to put that crystal ball of yours to better use.

[Cirrus]

Brexiters: It was always going to happen, China, diesel, market forces, anything but Brexit.

This is probably how the UK is going to go over the next decade - no slam-dunk Brexit hits, just Britain becoming less attractive so more business goes elsewhere.

I know it is illogical and petty minded but I have to confess when I hear such things about strongly Brexit areas my first thought is "you made your bed, you can now lie on it". It doesn't help now but maybe in a generation or two, the populace will have learned not to be so stupid when they go the ballot box.

[Old Greg]

This is probably how the UK is going to go over the next decade - no slam-dunk Brexit hits, just Britain becoming less attractive so more business goes elsewhere.

I know it is illogical and petty minded but I have to confess when I hear such things about strongly Brexit areas my first thought is "you made your bed, you can now lie on it". It doesn't help now but maybe in a generation or two, the populace will have learned not to be so stupid when they go the ballot box.

No deal will see some slam dunk hits.