RIchard Britten Posted February 18, 2019 Share Posted February 18, 2019 3 minutes ago, mojomonkey said: If true (looks like it is) that is very sad news. The impact will be greater than 3500 jobs as the associated business will all be hit as well. Maybe not the exit Swindon hoped for... And to be honest, 3,500 is being a bit conservative. You could easily see near double that by the time the initial loses start affecting the businesses in the local area. Quote Link to comment Share on other sites More sharing options...
woolley Posted February 18, 2019 Share Posted February 18, 2019 Why would Japan keep manufacturing in Europe when the EU has made it unnecessary by agreeing a tariff free trade deal with Japan? They were only doing it to avoid 10% tariff on imports from Japan which are now gone. Will affect Japanese company plants in continental Europe too. They aren't moving to Europe, they are going home to Japan. That's the EU for you. Bright as night. Quote Link to comment Share on other sites More sharing options...
mojomonkey Posted February 18, 2019 Share Posted February 18, 2019 1 minute ago, woolley said: Why would Japan keep manufacturing in Europe when the EU has made it unnecessary by agreeing a tariff free trade deal with Japan? They were only doing it to avoid 10% tariff on imports from Japan which are now gone. Will affect Japanese company plants in continental Europe too. They aren't moving to Europe, they are going home to Japan. That's the EU for you. Bright as night. So do you reckon Nissan and Toyota will be leaving as well then? The EU – Japan trade agreement commenced in 2013 and the UK voted in favour of it. Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 18, 2019 Share Posted February 18, 2019 7 minutes ago, woolley said: Why would Japan keep manufacturing in Europe when the EU has made it unnecessary by agreeing a tariff free trade deal with Japan? They were only doing it to avoid 10% tariff on imports from Japan which are now gone. Will affect Japanese company plants in continental Europe too. They aren't moving to Europe, they are going home to Japan. That's the EU for you. Bright as night. Of course. And why on earth would they keep on manufacturing in the bright new Brexited Britain when they have tariff-free trade EU-Japan? And avoid all those shipping costs for actually getting the finished product to Europe from Japan as well? 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 18, 2019 Share Posted February 18, 2019 6 minutes ago, mojomonkey said: The EU – Japan trade agreement commenced in 2013 and the UK voted in favour of it. no it didn't....... Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 18, 2019 Share Posted February 18, 2019 1 minute ago, Non-Believer said: Of course. And why on earth would they keep on manufacturing in the bright new Brexited Britain when they have tariff-free trade EU-Japan? And avoid all those shipping costs for actually getting the finished product to Europe from Japan as well? they don't........ Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 18, 2019 Share Posted February 18, 2019 14 minutes ago, woolley said: Why would Japan keep manufacturing in Europe when the EU has made it unnecessary by agreeing a tariff free trade deal with Japan? They were only doing it to avoid 10% tariff on imports from Japan which are now gone. Will affect Japanese company plants in continental Europe too. They aren't moving to Europe, they are going home to Japan. That's the EU for you. Bright as night. Er..... Quote Link to comment Share on other sites More sharing options...
woolley Posted February 18, 2019 Share Posted February 18, 2019 It comes off over a period. Quote Link to comment Share on other sites More sharing options...
woolley Posted February 18, 2019 Share Posted February 18, 2019 12 minutes ago, Non-Believer said: Of course. And why on earth would they keep on manufacturing in the bright new Brexited Britain when they have tariff-free trade EU-Japan? And avoid all those shipping costs for actually getting the finished product to Europe from Japan as well? Yes. But with the trade deal they don't need to manufacture in Europe at all. Just wait for the tariffs to drop away. 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 18, 2019 Share Posted February 18, 2019 honda uk production has fallen from 250k down to a 100k....... that's the problem....... also..... "Honda are clear this is based on global trends and not Brexit, as all European market production will consolidate in Japan in 2021." ouch........ 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 18, 2019 Share Posted February 18, 2019 2 minutes ago, woolley said: Yes. But with the trade deal they don't need to manufacture in Europe at all. Just wait for the tariffs to drop away. it has a 15 year transition and doesn't include cars at this stage........... Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 18, 2019 Share Posted February 18, 2019 (edited) 7 minutes ago, woolley said: Yes. But with the trade deal they don't need to manufacture in Europe at all. Just wait for the tariffs to drop away. And especially if a brexited Britain is imposing tariffs. What would they be under the much vaunted WTO conditions? And you've overlooked the Japan - EU shipping costs...? All a massive coincidence of course. Ford, Nissan, JLR, Honda, Airbus...all in the past 4 weeks. Edited February 18, 2019 by Non-Believer 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 18, 2019 Share Posted February 18, 2019 2 minutes ago, Non-Believer said: And especially if a brexited Britain is imposing tariffs. What would they be under the much vaunted WTO conditions? And you've overlooked the Japan - EU shipping costs...? but it doesn't include cars..... so would be under wto anyway........ the collapse of sales and decline in japan is the reason........ Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 18, 2019 Share Posted February 18, 2019 (edited) 9 minutes ago, woody2 said: but it doesn't include cars..... so would be under wto anyway........ the collapse of sales and decline in japan is the reason........ "Honda is likely to relocate the Swindon manufacturing facility to Japan". Strange move in a collapsing Japanese market....with a European model. Edited February 18, 2019 by Non-Believer Quote Link to comment Share on other sites More sharing options...
woolley Posted February 18, 2019 Share Posted February 18, 2019 6 minutes ago, Non-Believer said: "Honda is likely to relocate the Swindon manufacturing facility to Japan". Strange move in a collapsing Japanese market....with a European model. No. Because you retrench production back to your home base to keep the home fires burning and wait for better times. You don't shut up shop at home and carry on manufacturing on the other side of the world. Lots of the basic components are made in Japan anyway. This is the folly of selling out your industrial base to foreigners. Viva globalisation! Quote Link to comment Share on other sites More sharing options...
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