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Old 20-02-2020, 13:59   #2468
Hugh
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Re: [Updated] The UK’s future relationship with the EU

Quote:
Originally Posted by Pierre View Post
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.
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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