Signs of a Recession coming...

[DodgyAgent]

Germany

oh dear Franco you are surely jesting

I am currently residing in a country where for example:

65% of the cars on the road are made in that country !!

[The German Association of Motor Vehicle Importers (VDIK) reports that the market share for foreign carmakers in Germany is around 35 percent, with a slight increase in new registrations predicted for 2005.
http://www.dw-world.de/dw/article/0,...39569,00.html]


Shall I bother to continue or do get where this is going ?

Like it or not the German economy is securely founded.

Milan.

You are indeed right Milan, but it is in decline with little prospect for growth. Fine if you are in a job but not so god if you are one of the 5 million unemployed. There will come a time when Germany can no longer afford to pay so many people to sit around doing nothing all day.

[AlfredJPruffock]

There will come a time when Germany can no longer afford to pay so many people to sit around doing nothing all day.

Ominous comment, Guns before Butter ?

[BlasterBates]

Its alright they'll amuse themselves by watching videos of the Scottish football team.

[Joe Black]

Lies, damned lies and statistics...

oh dear Franco you are surely jesting

I am currently residing in a country where for example:

65% of the cars on the road are made in that country !!

The German Association of Motor Vehicle Importers (VDIK) reports that the market share for foreign carmakers in Germany is around 35 percent, with a slight increase in new registrations predicted for 2005. (http://www.dw-world.de/dw/article/0,...639569,00.html)

Shall I bother to continue or do get where this is going ?

Like it or not the German economy is securely founded.

Milan.

From the same people: What Next for German Auto Industry?

• In July, Daimler-Chrysler told its Stuttgart workers that either wages will be cut or production of the C-Class Mercedes will move to South Africa
• General Motors followed in October, announcing a €387 million ($500 million) cost-cutting drive that could see 10,000 jobs slashed at its German Opel plants
• Volkswagen, facing its seventh consecutive decline in quarterly profits, told its 100,000-strong workforce that costs will have to be reduced by €2 billion
• German economic growth is sluggish, consumer spending depressed and new car registrations down again for the fifth consecutive year

Who should we believe?

[DimPrawn]

We do make things!

And in Swindon too!

http://news.bbc.co.uk/1/hi/business/4337438.stm

Honda's decision to design and manufacture the new Civic in the UK is testimony to the global importance of its Swindon operations.


Every single new Civic model will be built in Swindon

"This is the only Honda specifically designed for Europe, and the only factory where Honda will produce this Civic is here in Swindon," Ken Keir, Honda UK's managing director, tells BBC News.

This is a notable change from the previous Civic model, which was made in 13 factories around the globe.

The Civic has been around for 30 years and already accounts for a third of all Honda sales worldwide. The eighth generation Civic should significantly raise its share of sales and as such it will be a key driver for the future of Japan's third largest carmaker.

Honda's Swindon-factory has been making Civics and other models for 13 years, and despite the strength of the pound the models have been exported to mainland Europe, the US and even Japan.

Honda's 4,000-strong workforce has produced 1.5 million cars at its two Swindon production lines since 1992, and the company has invested £1.33bn over the years, with no financial assistance from the UK government.

During that period, production has risen from less than 30,000 cars-a-year to 193,000 this year, and hopes are high that the new Civic should push volumes above 200,000 cars per year.

Swindon is also the headquarters of Honda's European operations, an increasingly important source of earnings and growth for the Japanese giant.

Both profits and turnover have grown by about 10% per year over the last decade, making Swindon the most profitable car plant in the UK. In the year to March this year, Honda UK's operating profits comfortably topped £100m.




Who needs fecking China or India when you have Swindon.

[Joe Black]

Not too bad either...



right up there with peanut-butter...

[sasguru]

sad sad.b grow up ****wits

[Joe Black]

sassy, do you have a problem with peanut-butter?...hmm, perhaps speaking to a friend might help...

[mcquiggd]

Doesnt that mean we 'Make things but the companies are owned by other countries'?

How come Honda can make use of a British workforce yet Rover couldnt...


The main problem in this country is management. Send them back to where they came from!

(Except the Japanese, Americans and Germans).

[Spodicus]

How come Honda can make use of a British workforce yet Rover couldnt...

Because my dimwitted friend, Rover had to rely on brummies who in terms of productivity are second only to those workshy scouse bastards!