06-28-2018, 04:06 AM | #1 |
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The UK boss of BMW says a no-deal Brexit would push up the cost of its cars
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06-28-2018, 09:20 AM | #3 | |
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06-28-2018, 09:31 AM | #4 | |
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06-28-2018, 11:09 AM | #5 |
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Must admit not impressed by the scare stories BMW executives are putting around about pulling out of manufacturing in the UK which means Mini. Thousands of jobs would go
My view if they no longer wish to invest in the U.K. and impact UK jobs then I will boycott their products. Have been a customer for 30 years but they can stick it up their ... |
06-28-2018, 11:15 AM | #6 |
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Price goes up - nobody buys. Price comes down to ease over supply.
Price something for more than people are willing to pay at your peril. Couldn't see it affecting the used market as market forces dictate the price. |
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06-28-2018, 12:04 PM | #7 |
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You just might start getting shit spec and more features will move into options menu.
They may use latest emission standar test in September 2018 to strip out certain models from model line and may reduce number if options. |
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06-28-2018, 12:05 PM | #8 |
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Maybe we'll see the phoenix-like rise of the British motor industry. Lucas will be back in business supplying our electrical needs and we'll be driving epic cars like the Austin Allegro because that's all we'll be able to afford.
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06-28-2018, 12:47 PM | #12 |
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according to Google, China is by far BMW's biggest market, followed by the US then Germany. The UK is about 10%, the top 3 account for about 50%. Then there's rest of EU etc. "serious dent" may be pushing it.
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06-28-2018, 12:51 PM | #13 | |
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06-28-2018, 12:56 PM | #14 |
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UK is one of the biggest markets for BMW in the world (largest for convertibles oddly)? Nah, doubt BMW would jeopardise that. Talk is cheap; sales figures and revenue speak volumes.
Last edited by G82Dude; 06-28-2018 at 02:47 PM.. |
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06-28-2018, 01:07 PM | #15 | |
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as mentioned, we're about 10%. Yes recent sales have fallen in the UK, but there are points of growth elsewhere. |
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06-28-2018, 01:09 PM | #16 |
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Ok - so political opinion time...
Having spoken to a few Brexiteers in the office, it seems to me that they're now all living in the denial phase. Brexit negotiations are a mess and even if we get a deal the impact to the economy, which is already evident, will only get worse when we actually leave. CBI, TUC, BMA, Nissan, BMW, Airbus, London Stock Exchange HSBC, ... how many organisations and informed opinion do we need to realise that Brexit is a disaster? |
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06-28-2018, 01:34 PM | #17 |
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I still can't believe that fuckwit Cameron give the British public the vote on Europe. Then when he didn't get the result he wanted, instead of shrugging it off, standing tall and announcing a Plan B to settle the nervous markets and British businesses, he and Osborne scuttled off with their tail between their legs. Shows the measure of the man, too arrogant to believe that result could ever happen.
And before anyone says it...I'm not a Corbenista. He's another bellend. |
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06-28-2018, 01:36 PM | #18 | |
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So German cars go up in price, we’ll buy other brands. There’s plenty other car manufacturers that would happily jump at getting a portion of the uk market. There plenty posturing going on, no doubt a lot of lies and misinformation being banded about also (from both sides). |
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06-28-2018, 02:43 PM | #20 |
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If BMW are saying this then all the cars we import will have the same issues.
Companies don't make idle threats, and they don't say things like this lightly. Clearly they're pointing out the facts if the situation with the hope that sense comes to the fore and decent deals are done. The global board of the company I work for are coming to the UK for a week in September to meet with the heads of UK operations, government ministers and officials, key people in the NHS etc. Doesn't take much guesswork to know what the key agenda item is. We have been in the top 10 companies globally for R&D spending for over a decade, a large part of that in the UK. I'd say a fair bit of that is at jeopardy, not just because of Brexit, but it's a massive factor, that really impacts long term investment decisions.
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06-28-2018, 02:48 PM | #21 | |
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06-28-2018, 02:50 PM | #22 |
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