Reply to: Investment in the UK car industry has fallen 64% compared to 2015

[shaunbhoy]

I know your brain cell glazes over whenever I post my usual tripe

ftfy

It is a condition that does not just afflict me either........

[BrilloPad]

She promised not to invade Japan if they stay...

I think there is already someone interested in invading Japan.....

[AtW]

Still waiting to hear what she promised Nissan last time: Brexit: Government didn't offer Nissan money to stay in UK | The Independent

She promised not to invade Japan if they stay...

[darmstadt]

The BBC News yesterday said there'll shortly be a meeting at 10 Downing Street between reps of the car industry and May.
Wonder what she'll promise them this time.

Still waiting to hear what she promised Nissan last time: Brexit: Government didn't offer Nissan money to stay in UK | The Independent

[WTFH]

UK car manufacturing falls in September - BBC News

Insert standard Donald Trump responses:
Fake news, not hard figures, etc.

[BlasterBates]

UK car manufacturing falls in September - BBC News

UK car output fell more than 4% to 153,224 vehicles in September.
Ford Ka modelsImage copyrightGETTY IMAGES
Production also fell in April, May, June, and August.
Domestic demand dropped 14.2% to 31,421 units in September, contributing to an overall year-to-date production decrease of 2.2%.
"

[sasguru]

A fair bit of speculation and second-guessing in that report though.
Few if any hard figures.

Nothing that chimes anywhere close to sas's original statement anyway.

Quelle surprise?

I know your brain cell glazes over where numbers are concerned.
Either that or you don't comprehend basic English.
Hate to quote the Mail but:

"Last year saw £1.66 billion invested in the industry, but figures from the Society of Motor Manufacturers and Traders (SMMT), seen by The Mail on Sunday, show just £647.4 million of investment has been tracked by the body so far this year".

The BBC News yesterday said there'll shortly be a meeting at 10 Downing Street between reps of the car industry and May.
Wonder what she'll promise them this time.

[shaunbhoy]

FTFY

Ifs, buts, and don't knows.

Like you ordering furniture...........

[AtW]

Quoted below since cretins like you don't have a sub to the FT:

FTFY

[shaunbhoy]

It’s based on SMMT figures reported in one of the Daily Mail publications.
Investment in UK car industry will crash by half this year | This is Money

A fair bit of speculation and second-guessing in that report though.
Few if any hard figures.

Nothing that chimes anywhere close to sas's original statement anyway.

Quelle surprise?

[WTFH]

It’s based on SMMT figures reported in one of the Daily Mail publications.
http://www.thisismoney.co.uk/money/n...rash-half.html

[sasguru]

They're probably referring to this - although I think they have updated figures:

https://www.ft.com/content/0c3427b2-...4aa8b?mhq5j=e5

Quoted below in case you don't have a sub to the FT:


"Investment in the UK car industry has fallen to just £322m in the first half of 2017, in a sign that companies are delaying or cancelling spending ahead of the UK leaving the EU.

Last year £1.66bn was invested in the auto sector, more than 30 per cent down from £2.5bn in 2015, as carmakers and their suppliers delayed non-essential investment following the EU referendum in June 2016.

But investment looks to have fallen even further in the first six months of this year, according to figures compiled by the Society of Motor Manufacturers and Traders, an industry body.

If the same levels of investment are seen in the second half of the year, it would bring total annual spend on the UK car industry to just £644m — nearly one-quarter of the amount invested two years ago and a sharper fall than many in the industry had expected.

“It’s very difficult to cost investment if you don’t know what your output price is going to be,” said Mike Hawes, chief executive of the SMMT, pointing to Brexit-related uncertainty. “The industry wants a lot more certainty.”

..."

[DimPrawn]

I don’t have a link. It’s possible BBC news at 10 made it up.

Or you dreamt it up you dull chunt.

[shaunbhoy]

I don’t have a link.

You ARE the missing link.

Fooking dullard.

It is far more possible that YOU made it up, you perennially dreary twunt.

[sasguru]

Or even try providing a link Walter...................

I don’t have a link. It’s possible BBC news at 10 made it up.