Originally posted by BrilloPad
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Sterling recovers
Collapse
X
Collapse
-
Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? - Epicurus -
Originally posted by PM-Junkie View Postno - no more laughs please. My sides are splitting already with the tripe these two are coming out with.Comment
-
Originally posted by sasguru View PostYes because the Poles and Hungarians are going to start buying the Porsches, Mercs and BMWs that the City boys aren't buying?And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
-
Originally posted by AtW View PostI am off now to see my legal team.
Isn't it sweet how atw tries to play the big tycoon when we all know what a shambling buffoon he really isHard Brexit now!
#prayfornodealComment
-
Originally posted by sasguru View PostYes because the Poles and Hungarians are going to start buying the Porsches, Mercs and BMWs that the City boys aren't buying?
The real issue for these premium manufacturers now is that due to oil/gas/minerals price collapse their new clients ain't going to be buying as many of those cars anytime soon.Comment
-
Originally posted by AtW View PostIt may suprise you but the City was not a prime market for Porsches and other elite cars - the people who were buying most of them are new rich in countries like Russia - even 10 years ago there were more top of the range (Merc 600S) cars in Moscow than in London, but in the last few years the difference became huge. BMW mainly sells chav 3xx series here - more numerous than Mondeos now, Mercs also sell cheap cars here.
The real issue for these premium manufacturers now is that due to oil/gas/minerals price collapse their new clients ain't going to be buying as many of those cars anytime soon.
So where will BMW and Merc sell their stuff now?
I predict the pressure will make them look for cost savings and they will hollow out Germany by moving production to cheaper locations abroad.Last edited by sasguru; 22 December 2008, 14:08.Hard Brexit now!
#prayfornodealComment
-
Originally posted by sasguru View PostRight. So you agree the market for luxury cars has collapsed all round.
So where will BMW and Merc sell their stuff now?
I predict the pressure will make them look for cost savings and they will hollow out Germany by moving production to cheaper locations abroad.
People don't spend when they have little disposable income or are worried about their jobs. HMG are responsible for this situation after 11 years of ever-increasing taxes and red tape. The current impass will take a new Tory government to unravel.Comment
-
Originally posted by sasguru View PostRight. So you agree the market for luxury cars has collapsed all round.
The important thing that you are missing is that the City sales stopped being top market (apart from local dealers obviously) for some years now - that means you and your buddies don't mean much insofar as alleged luxury cars sales collapse.
Originally posted by sasguru View PostI predict the pressure will make them look for cost savings and they will hollow out Germany by moving production to cheaper locations abroad.Comment
-
Originally posted by AtW View Post
Yes VW will probably make more Skodas, but Merc/BMW/Audi will remain in Germany, certainly the top models - carp like "Smart car" might be made somewhere else, just like they make Mini in UK.
http://www.mbusi.com/
Or in fact any of the 21 countries listed in this article:
http://en.wikipedia.org/wiki/Mercedes-Benz
Why do you think that Merc and BMW can afford to pay their assembly workers 30-40 Euro an hour indefinitely?
http://www.motoring.co.za/index.php?...icleId=4716873Last edited by sasguru; 22 December 2008, 17:04.Hard Brexit now!
#prayfornodealComment
-
Originally posted by sasguru View PostI didn't realise Alabama was in Germany:
http://www.mbusi.com/
Or in fact any of the 21 countries listed in this article:
Hint - they do it to:
a) reduce currency risk
b) save on deliveries
c) this was all setup when their currency was strong (so good time to invest)
This is not bad outsourcing - I would not have minded if UK kept its industry if it was shifted in parts to where the biggest customers are, but reality is that UK given up on industry totally wasted hard work of previous generations, where as Germans (and the French) managed to keep majority of their stuff and they sure as hell will still have it - that's because they have got balls to confront difficult problems and don't jump to quick short term solutions that would pay big Xmas bonus but screw up everyone down the line - in other words they do totally opposite what the City does.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment