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GBP-EUR parity

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  • Andy2
    replied
    Originally posted by fullyautomatix View Post
    Because of value for money concept. British built cars with 0 tariffs will be more attractive to buy.
    people don't buy luxury cars for value of money.

    Leave a comment:


  • fullyautomatix
    replied
    Originally posted by Andy2 View Post
    why would anyone stop driving German cars if they cost £33k instead of £30k , if suppose there is 10% import duty.
    Because of value for money concept. British built cars with 0 tariffs will be more attractive to buy.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by Andy2 View Post
    Market doesn't think so. Pound is falling against euro big time in anticipation of no deal brexit.
    Project Fear. The EU had more to lose, so therefore you are lying.

    Leave a comment:


  • Andy2
    replied
    Originally posted by AtW View Post
    WHS

    To hell with Mercedes, Audi, VW, Fiats, Skoda, Volvos, Ferraries, Lambos, Porsche, Renaults, Opels, Peugeot ...

    Buy British cars!
    why would anyone stop driving German cars if they cost £33k instead of £30k , if suppose there is 10% import duty.

    Leave a comment:


  • AtW
    replied
    10% tariff on imported cars won't change sales much since there is no other viable alternative anyway, sellers will just add a few extra months to the renting those cars out, since they are not bought anyway

    A big fall of sterling is a bigger risk, but so far falls are minor

    Leave a comment:


  • fullyautomatix
    replied
    Has anyone seen the number of Merc, Audi and BMW cars on the roads these days? Eveybody is driving them, from hair dressers to brain surgeons. UK is the biggest market for these cars and also for household appliances. Imagine what would happen to Germany economy once UK stops importing the goods. A crash in Euro is inevitable

    Leave a comment:


  • AtW
    replied
    Originally posted by Andy2 View Post
    Market doesn't think so. Pound is falling against euro big time in anticipation of no deal brexit.
    That's tiny drops, it was closer to parity in 2009

    Leave a comment:


  • AtW
    replied
    Originally posted by Old Greg View Post
    If there is a No Deal, EUR will plummet because the EU has more to lose than the UK, what with German car exports etc etc.
    WHS

    To hell with Mercedes, Audi, VW, Fiats, Skoda, Volvos, Ferraries, Lambos, Porsche, Renaults, Opels, Peugeot ...

    Buy British cars!

    Leave a comment:


  • Andy2
    replied
    Originally posted by Old Greg View Post
    If there is a No Deal, EUR will plummet because the EU has more to lose than the UK, what with German car exports etc etc.
    Market doesn't think so. Pound is falling against euro big time in anticipation of no deal brexit.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by Andy2 View Post
    Bring on parity with Zimbabwe dollar
    If there is a No Deal, EUR will plummet because the EU has more to lose than the UK, what with German car exports etc etc.

    Leave a comment:

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