Re: [Updated] The UK’s future relationship with the EU
Quote:
Originally Posted by Pierre
The latter, 10% or not, the price was not prohibitive. The Mustang was only the same price as a mid-range BMW 3 series.
The pick up looks great and was only a couple of grand more expensive than the Mustang.
If tariffs were slapped on Audi's and BMW's they would start to look much less attractive.
---------- Post added at 13:07 ---------- Previous post was at 12:51 ----------
You can look at it other ways.
The UK is BMW's 4th biggest market
https://www.statista.com/statistics/...-of-bmw-group/
The UK is Audi's 4th biggest market
https://www.best-selling-cars.com/br...les-worldwide/
The UK is the 4th Biggest Market for Mercedes Benz
https://www.statista.com/outlook/100...-globalRevenue
You see the pattern?
Regardless of export volumes back and forth. The UK is the 4th biggest market for German cars and slapping tarriffs on them would hurt them.
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And the EU is our biggest market - It accounted for 54.8% of UK-built vehicle exports.
What do you think will hurt more - losing your 4th biggest market (around 6-9% of your market), or losing your biggest market (losing around 55% of your market)?
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