BMW joins Airbus in Brexit warning....

Discussion in 'BMW News and Reviews' started by Kev2005, Jun 22, 2018.

  1. Kev2005
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    Kev2005 Good Egg

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    Hi,

    Just saw this... https://www.bbc.co.uk/news/business-44582831

    Do you think they will leave if no-deal?

    I wouldn't have thought so as surely they make a pretty penny of selling there cars in UK? Scaremongering?

    Kev
     
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  2. Adie
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    Don't think it will affect their UK sales just country of manufacture for Mini and RR... plus engine assembly currently at Hams Hall
     
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    Last edited: Jun 22, 2018
  3. Verbarthe
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    Project fear all over again possibly .?
     
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  4. mach one
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    mach one Site Supporter

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    if there are trade barriers after brexit it will affect future investment in a lot of uk manufacturing plants

    airbus spend a fortune transporting wings made in wales out to the assembly facilities in Europe be it the smaller wings that are flown out to France or the larger A 380 wings that are shipped on barges down the river Dee and then over to Europe so from a business point of view it would make sense to make the wings in Toulouse where the planes are assembled, if it starts costing more money to continue producing in the UK then a business decision will be made

    I have said for a while now that we could loose airbus after brexit if we dont remain in the free market and cost to the business increase as a result, the same applies to BMW and the mini and rolls Royce plants, with RR they make and assemble the the bodies at Dingolfing in Germany and then ship them across Europe to be assembled in the UK many of the Mini engines are made in the engine plant in Styer and then shipped to the UK

    we have Honda, Nisan and Toyota all making cars in the UK for one reason and one reason only, as by making cars in the UK they get access to the European free market and if they loose that access and start having to pay tariffs to sell their cars in Europe then what do you think they will do ?

    The European market is bigger than the UK market for these companies and they need free access to Europe to keep them in the UK and if they loose that then a business decision will be made

    Peugeot closed all manufacturing in the UK and moved it all over to Europe, people still buy Peugeot cars and they still seem to be a player in the car market here in the UK
     
  5. pinewood
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    pinewood Site Supporter

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    Don't see this as project fear, more project reality.
    Our reality after Brexit (no deal) if it happens and a sensible arrangement cannot be reached.
     
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  6. mach one
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    mach one Site Supporter

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    and can the last company close the door as they leave the UK
     
  7. Kev2005
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    Kev2005 Good Egg

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    ah so they would still sell BMW here, but what about increased cost, be factored into the new sales price or would they sell it out of the vast profit they current make on the cars?

    I'd have thought manufacturing would of got a discount on the costs as they could say we shipping x'hundred thousand per year to the UK.

    Kev
     
  8. mach one
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    mach one Site Supporter

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    any increased costs would be passed on the the buying public, when the great British public voted to leave the EU we saw a fall in the value of the pound and as a result BMW cars and spares started costing us more due to the exchange rate, BMW will still have their cars for sale in the UK but if we see tariffs on goods from Europe then the increased cost may make the brand prohibitive to some, the same applies to all cars from Europe

    I really think No Deal will be a Bad move for the UK
     
  9. Mieke
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    Mieke WARLORD Site Supporter

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    I doubt that BMW are too worried about us, as much as their own profits. A no deal scenario would result in job losses in Germany as well as here. But how can you possibly negotiate with obtuse EUROCRATS like Barnier et al?
     
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  10. Kev2005
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    Kev2005 Good Egg

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    plus i doubt merkel will allow prices to go up stupidly if it will affect them too as in job losses, few sales = less income etc...

    Kev
     
  11. mach one
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    Angela Merkel’s coalition Government is on the verge of collapse and Germany is only one country that makes up the EU, there are many in the EU that want to see the UK punished over the decision to leave and dont want to see us walking away with a good deal as if we come out of this on top then other countries will follow suit resulting in the collapse the EU and the end of the jobs for the boys
     
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  12. Kev2005
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    Kev2005 Good Egg

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    Yep - I agree 100% but tbh its only Germany and France keeping the EU afloat anyway if you look at the contributions they pay in, UK was one of the highest and obviously they unhappy as they will no longer have that income.

    Kev
     
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  13. Mieke
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    Mieke WARLORD Site Supporter

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    What! No more champagne parties and chauffeur driven limousines! :rolleyes:
     
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  14. Highsided
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    Last year Italy put more into the pot than the UK.

    Should the UK crash out it's been said that the most likely scenario is that WTO tariffs would apply; looking at other countries it would be 5%. Hardly a disincentive to those that buy new
     
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  15. Kev2005
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    Kev2005 Good Egg

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    I presume Italy were more as we have said we were leaving as i thought in previous years we were in top 3 contributors? can't remember if we were 2nd or 3rd...

    Kev
     
  16. Richyroos
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    I cant help feeling that the intractability of the EU negotiators isn't cleverly designed to attempt to make things look so bad for us in the UK after leaving the EU, that we would change our minds and stay. At the end of the day they are losing a major contributor to their finances - which I am sure they will sorely miss, so I think they are trying to either make us change our minds on leaving, or make up at least part of the loss by clawing it back in tariffs on our imports. Absolute Bar stewards!!!

    I for one was a great fan of the original Common Market, which was primarily a free trade area, which was good for all concerned, but when the Mastricht treaty came into being and then the EU was formed, that was a whole different ball game, where a good deal of interfering came into play in our daily life and business, some of it admittedly good, but also much that was not, like the European Court of Justice, free movement of people, loss of sovereignty etc. It has never ceased to amaze me that countries like France were happy top accept most of this - Germany of course in contrast, probably happy as it was a bit like winning the war by the back door...…….
     
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  17. snrbrtsn
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    snrbrtsn WARLORD Site Supporter

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    I’m waiting for the U turn.........
    Soon we shall have A N other referendum with the polls fiddled to opt back into Europe as we as a country failed to appreciate the big picture and what opting out would really mean!
    Instead we let the Eurocrats sip out of their rose tinted wine glasses and misinform us!
    De Ja Vue?
    :whistle::whistle::whistle::rolleyes::whistle::whistle::whistle:
     
  18. Kev2005
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    Kev2005 Good Egg

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    I don't think another referendum will happen, we voted to leave and that's that - we have to leave. Personally, i don't see why it takes 2 years, i'd of left immediately after the results of the vote.

    Kev
     
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  19. Verbarthe
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    Tariffs works both ways so are basically tit for tat unless there is an essential specific product that only one country can provide .The UK imports more from the EU than it exports . I m another who thinks free trade as in the Common Market was a good idea , but giving the EU Political Control via the Mastricht Treaty was truly shocking , I now know why our Politicians ? did away with Acts of Treason Laws.. You could really liken this to WW3 , only Economics and Trade are being used as weapons instead of the military …

    As for Freedom of Movement , don t get me started , and no, I m not Racist .:)
     
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    Last edited: Aug 11, 2018 at 3:04 PM
  20. rigeng
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    It wasn't good for everyone. In the 1970s I was a young engineer in the British Merchant Navy and we traded a lot with Commonwealth countries. I particularly enjoyed our regular trips to Australia and New Zealand, but all that stopped once we joined the Common Market and eventually the Merchant Navy declined and the vast majority of us ended up redundant. Fortunately the Offshore Industry was expanding at the time so that was a life saver for many of us as it was an easy transition of skills. I still despise the Brussels mob to this day though!
     
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