View Single Post
  #107   Report Post  
Posted to uk.d-i-y
The Natural Philosopher[_2_] The Natural Philosopher[_2_] is offline
external usenet poster
 
Posts: 39,563
Default Jaguar Land Rover

On 13/09/18 20:37, bert wrote:
In article , tim...
writes


"Dave Plowman (News)" wrote in message
...
More good news from Brexit. Jaguar will move production from the UK
to the
EU if we end up with less than the same free movement of goods as now.


as JLR sell 20% of their cars in the UK

and 20% of their cars in Europe

moving to Europe would simply mean that they have to pay tariffs on
the 20% that they export back to the UK instead of the 20% that they
export to Europe, after having paid out hundreds of millions to move
their factory

They are BLUFFING

tim


JLR are in a bit of trouble because
a) they are heavily dependent on diesel engines and b) their main export
market, China is in suspense as everyone is awaiting the promised drop
in import tariffs.
Their best selling models currently are the E-Pace and the Discovery
Sport. The latter's production is due to move to Slovakia anyway
regardless of Brexit.
Both these models are suffering in the UK because of their high co2
emissions meaning the punitive taxes on business cars puts people off.
Their SUV hybrid is based on the F-Pace and comes in at about £70k.
Some arse covering going on here I think.


Jagiar lanbd rover are in fact booming


--
Canada is all right really, though not for the whole weekend.

"Saki"