Chris

“Car factory remains open” is always a good economy/industry story. Whenever a model comes to the end of its life and a new one is designed, the whole factory has to be re-tooled and the workforce trained to build it. In this multinational era of car manufacturing this is always a vulnerable time for a factory because it’s an opportunity for governments in other countries (or indeed, international organisations with ‘regional development funds’ to dish out) to tempt them to install their new tools and train new workers in a shiny new factory somewhere the wages are low.

So the recent Nissan and Vauxhall stories are great news on their own terms because their survival was never a given. They are further notable, however, because the referendum remain campaign seemed so sure that Britain could never retain its car industry outside of the EU. Clearly they were wrong. Again.