Thread: Brexit (Old)
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Old 18-02-2019, 18:27   #7693
Pierre
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Re: Theresa May must resign

Quote:
Originally Posted by 1andrew1 View Post
Hmm. Disputable. The Swindon Honda car workers didn't think their factory would close due to Brexit. It is now. Very sad news.

https://www.bbc.co.uk/news/business-47282603
https://news.sky.com/story/honda-to-...ctory-11641154
Is it down to Brexit?

Or is it down to the FTA Japan just signed with the EU which means they no longer have to have a presence in the EU to sell their cars tariff free. So they can take their manufacturing back to the UK reduce costs, employ Japanese workers and boost their own economy.

In Free Trade Globalisation, there are winners and losers.

This would have happened regardless of Brexit.

---------- Post added at 18:27 ---------- Previous post was at 18:24 ----------

Quote:
Originally Posted by Hugh View Post
Because it doesn’t make fiscal or manufacturing sense - they would be adding six weeks to the delivery time (shipping time Japan to Europe),
not an issue
Quote:
and they would have to vastly expand the Just In Time supply chain for the car parts to build the car.
You think they don’t have supply chain in Japan?
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