Reply to: Hard Brexit - will there any way back?

[AtW]

You seem unable to grasp that if trade becomes more restrictive it will lead to a greater demand for UK car manufacturing.

Cars in UK rented, not bought - it’s only possible because there is cheap funding and healthy second hand market, this will all break down after Brexit - people won’t be able to affford new car

[Old Greg]

So we manufacturer about 1.7 million cars a year. We register about 2.7 million new cars a year.

The car manufacturers are concerned about having to build more cars here. What with our high wages and full employment.

Can somebody alert the Pulitzer Prize Committee?

[sasguru]

You seem unable to grasp that if trade becomes more restrictive it will lead to a greater demand for UK car manufacturing.

You seem unable to grasp that if trade becomes more restrictive, demand (and hence supply) will change.

[minestrone]

You seem unable to grasp that if trade becomes more restrictive it will lead to a greater demand for UK car manufacturing.

[sasguru]

So we manufacturer about 1.7 million cars a year. We register about 2.7 million new cars a year.

The car manufacturers are concerned about having to build more cars here. What with our high wages and full employment.

You've started early.

[minestrone]

So we manufacturer about 1.7 million cars a year. We register about 2.7 million new cars a year.

The car manufacturers are concerned about having to build more cars here. What with our high wages and full employment.

[sasguru]

https://www.mofa.go.jp/files/000185466.pdf

[sasguru]

Let us start with...

"Let's say there's a hard Brexit and all the Japanese companies leave (they have said several times they can't afford to operate in the UK in that event - and their PM has confirmed with May that is the case) , then what happens if and when the factories close?"

Have all Japanese companies said they would "leave"?

Shurely you can point me to some evidence backing up your claim that "all Japanese companies are leaving". If "they" have said it several times it should not be hard to find.

Maybe one or two will keep a small assembly line for the UK market.
It was JAMA who put out a joint statement. And the Japanese government. Unlike here the Japanese government and their big companies are highly coordinated.
But you don't need to get a statement from them, work out the profit margin on a mid range car and figure out what 10% tariffs would do.

Avoid Brexit 'no-deal' at all costs, urge Japanese car firms
Japan warns Theresa May its giant firms will quit UK if botched Brexit makes it 'unprofitable' to stay | The Independent
G20 Summit: Japan warns it will take banks and car makers out of UK - unless it gets Brexit trade deal

[minestrone]

What is?

Let us start with...

"Let's say there's a hard Brexit and all the Japanese companies leave (they have said several times they can't afford to operate in the UK in that event - and their PM has confirmed with May that is the case) , then what happens if and when the factories close?"

Have all Japanese companies said they would "leave"?

Shurely you can point me to some evidence backing up your claim that "all Japanese companies are leaving". If "they" have said it several times it should not be hard to find.

[sasguru]

Boris's plan ?

I think our resident alcoholic friend had a little posting flurry after another groundhog day in the saloon bar.

[BlasterBates]

What is?

Boris's plan ?

[sasguru]

It's like something you read on the wall of your child's school.

What is?

[AtW]

National Service should solve the unemployment problem, ex-Nissan workers will be well positioned for deployment around JapAn to devend against immininent Chinese invasion...

[minestrone]

Let's say there's a hard Brexit and all the Japanese companies leave (they have said several times they can't afford to operate in the UK in that event - and their PM has confirmed with May that is the case) , then what happens if and when the factories close?
I doubt there's any British business that can take on mass car manufacturing (or would want to, or has the experience to for that matter).
Brexiters themselves have previously said this is what will happen. Their solution is for sacked employees to do some "marketing".
But market what?

It's like something you read on the wall of your child's school.

[Old Greg]

...and after Theresa May's speech the pound plunges even further down.

A no deal will be a blood bath.

Which as Brexiteers will tell you, is great for exports.