Honda Claims Brexit Makes UK Built Vehicles Uncompetitive

Honda Claims Brexit Makes UK Built Vehicles Uncompetitive
Honda cannot afford the 10 percent export tariff that would be imposed on its British-built cars if Britain had to return to World Trade Organization rules after Brexit, it said on Thursday.

The warning is the latest from a car industry worried Britain might lose access to the European Union's single market and customs union when it leaves the bloc in 2019.

The auto industry has been a rare manufacturing success story for Britain, with production reaching a 17-year high in 2016. But with Brexit talks at an impasse, several of its mostly foreign-owned manufacturers have warned they might have to move work elsewhere if favorable trading terms are not maintained.


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MDarringerMDarringer - 11/10/2017 11:19:04 AM
+3 Boost
BS!

Honda is just jockeying for a concession to stay.


TomMTomM - 11/11/2017 8:16:46 AM
-1 Boost
If you read Automotive news - Honda has admitted that it cannot meet the future requirements alone - it needs a partner.

THAT Will lead to the major manufacturers jockeying for position to absorb Honda - which has major presence in the USA.

While I could see an FCA-Honda link to fill FCAs need for small cars - FCA has nothing to offer back. FCA certainly does not have the money to buy Honda. Toyota is behind in EVs - although it leads in Hybrids. IT is unlikely that combination would be approved in Japan. VW probably does not have the money to buy Honda.

GM and Honda already have a Joint Venture on Fuel cells - GM has the EV ability - but there is little current need - both have reasonable small car platforms - but Honda is just beginning to catch up with Turbo small engines. THERE is nothing obvious that HONDA can offer GM though - GM got out of Europe.

With all of the consolidation that has already happened in the industry - Maybe TESLA would be the obvious choice for Honda - they are in different markets completely.




CANADIANCOMMENTSCANADIANCOMMENTS - 11/10/2017 12:15:58 PM
-2 Boost
The Brexit vote to leave the EU was the dumbest decision ever made by a population. Sadly the folks in the UK were duped by misleading ads. Fortunately the talks to separate now the Article 50 has been triggered are going nowhere fast. WTC trade terms are not as friendly as common market terms (free movement of goods, services and people). The UK parliament could vote to disband talks if nothing comes to fruition or if the terms are not favourable to the UK. Everything is negotiable.


CANADIANCOMMENTSCANADIANCOMMENTS - 11/10/2017 6:56:01 PM
-1 Boost
@BobM. Crazy, crazy BobM. You seem to be shooting in all directions now. How American. People are responsible for their own health last time I checked. The system can't save you if you smoke or drink or eat to excess. As well, the CDN healthcare system has been proven to work for decades. We do need to do a bit of a better job managing our cues, but our system still costs 1/2 per head than the US healthcare system. As well any intelligent person would likely tell you that with the economies of CDN, USA and MEX so integrated, NAFTA is not going anywhere. The same powers that be that control congress for so many other issues are going to keep this agreement pretty much as is.


TheSteveTheSteve - 11/11/2017 3:20:57 AM
-1 Boost
CANADIANCOMMENTS: The only country to have a US-style “health care” system in the world, is the US. All other countries ridicule it as an example of what happens when unchecked capitalism gone awry.

Most Americans cannot imagine a national health care system in which:
- All citizens are always covered…
- Even if you’re not working, or haven’t worked in a long time, or never worked
- There’s no ‘pre-existing condition’ turn-away (you’re always covered)

Stats show the Canadian system provides world-class health-case for about half the price of US-style “health insurance,” with more complete coverage. In the US, wealthy bureaucrats, the super-rich, Big Pharma, and the for-profit medical system have ensured that most Americans have no idea of how their system compares to others. Fear-mongering pro-profit propaganda is the norm in terms of the message they receive.

You have to face it: Universal, world-class health care is a Socialist concept (i.e., one in which the good of The People is placed ahead of corporate profit and oligarchs’ wealth). In the US, the word “Socialism” is on par with “Communism” and “AIDS.”



qwertyfla1qwertyfla1 - 11/11/2017 9:22:56 AM
+2 Boost
CommyComments

Once more again your Libtard socialism displays your absolute ignorance. The EU is a FAILED concept that will ultimately succumb to its own demise but not soon enough. It was good in theory after 20 Jagermeister shots but in reality Germany and England propped up all the other member shit hole countries and banana republics like Spain, Greece, Portugal and other welfare states.

England was smart enough to see what was going on and get out of Dodge and Holland was close to but sadly Liberalism prevailed by a thin margin. Other countries will follow suit but not before mass Muslim immigration has destroyed the cultural fabric of Europe. As a former Berliner I watch this shit with great interest and sadness as PC and German Jew shame mislead the sheeple as Merkel throws her countrymen under the bus to appease her UN puppet masters.


TheSteveTheSteve - 11/11/2017 4:08:54 PM
0 Boost
^^^
For a good example of (my quote) “…Americans have no idea of how their system compares to others. Fear-mongering pro-profit propaganda is the norm in terms of the message they receive…” see the above posts by BobM, who believes the propaganda fed to US citizens by commercial/political interests who have a vested interest in preserving the status quo, and who are currently working on new legislation to make it even more profitable for medical service providers, to the detriment of The People.

The ONLY people in the world who believe the US “health care” system is any good, is about 1/3 to 40% of Americans. The rest of the world just shakes their head in disbelief.

“It's easier to fool people than to convince them they have been fooled.” – Allegedly by Mark Twain



CANADIANCOMMENTSCANADIANCOMMENTS - 11/10/2017 1:09:25 PM
-3 Boost
@BobM. Read your own article. An adviser and fund raiser / billionaire was caught in this present scandal shielding his vast personal wealth offshore. The PM could certainly choose his friends more wisely but it doesn't implicate him in this matter. Hate him all you like. Be jealous of his hair or his lovely wife. It makes no difference to me. We have universal healthcare. And are part of NAFTA, a huge common market agreement which hopefully soon will be joined by the TPP agreement :p #freetrader


TheSteveTheSteve - 11/11/2017 2:46:48 AM
-3 Boost
The UK's decision to exit the European Union was based on the popular vote, which was fueled by Nationalist thinking. Take England back! The pro-Brexit folks didn't have an exit strategy, or even a economic model of what it would mean to leave. That's all being figured out as we move along, and it's coming to light. UK governments, and some of their population, are slowly coming to understand it's not a rosy picture.

Britain isn't the only country with an uprising in Nationalistic thinking. It's happening in various other European countries, as well as in the US.

I really don't have an opinion either way about how Brexit will affect Japan, but we are served well to look to countries who have isolated themselves economically, and notice how they're doing, and consider this as a model for what to expect from Nationalism. So far, North Korea is that model. There are no others.

On the other hand, China -- the hurting, lumbering, manufacturing and economic superpower giant -- is slowly becoming more open as they increase their trade with other countries, and adopt a more capitalistic model.

As far as US Nationalism goes, I believe the US has a better chance than the UK in surviving protectionist models longer. This is because of the US's relatively huge population (workforce), land mass, and natural resources (as compared to most other countries). For these reasons, US Nationalism will take longer to implode than it will in Britain.


CANADIANCOMMENTSCANADIANCOMMENTS - 11/11/2017 2:33:21 PM
-1 Boost
@TheSteve right on all points. What the knuckle draggers on this site don't understand that in absence of trade agreements WTC trading principles kick in and tariffs rise and goods and services cost more. This hurts trade, GDP, jobs and incomes in your nation. You can wrap yourself in a flag all you want to but free trade (reduction and elimination of tariffs and the leveling of the playing field) has always been and always will be the best way to grow economies of all involved. Once fully open, it is the free market that will decide (consumers and local businesses) the goods and services that are best, not a tax regime or crazy local production or content rules or regulations that favour only domestic goods. If you are cruising through life with a high school education I don't expect you to get this in one read, so crack a book about global trade or global economics. You will learn a lot and have a much better understanding of the world around you and will be able to appreciate why Brexit and protectionist + nationalist viewpoints driven largely by fear of foreigners and other nations in general are completely backward to growing any economy in the world today.


CANADIANCOMMENTSCANADIANCOMMENTS - 11/12/2017 12:32:24 PM
0 Boost
@BobM. Bob I am glad you are in favour of free trade and the agreements between nations that support it. You answer is in line with what I state in my answer. I suggest you read it again. Trade agreements go and need to go much farther than just the reduction of tariffs or what can or cannot pass over a border freely. As I mention, there are local laws in many nations that are detrimental for more open and freer trade. They need to be addressed as I mentioned and you gave some examples as to how damaging these peculiar laws can be to trade and the mfg's in exporting nations. Bringing this all back to the article where Honda says it may be best for them to move out of the UK so they don't have their cars subject to any potential future Tariffs when exporting products to the EU which does not include the UK, Honda will do what is best for Honda. Just like firms looking to move their HQ out of Catalonia, Spain because it may be best for them as they don't want the uncertainty and hassle of being involved in a breakaway state. If you are making 5-10-20yr production plans you have to consider these negative future possibilities and make plans today to address them. IE do we expand the UK plant, invest in France or close the UK plant and open production in Portugal and France (for example).


CANADIANCOMMENTSCANADIANCOMMENTS - 11/12/2017 3:31:05 PM
0 Boost
@Bob. I didn't change my tune or my opinion. TheSteve's points are in agreement with mine and your view on global trade, that it goes way beyond just tariffs and there are many other things to correct if the goal is free-est most open trade possible. You may be having a problem with the poster as opposed to the content of the posts... As well "wrapping" yourself in any flag in the case of this discussion is to support nationalist protectionist policies that are anti-trade, much like those of your sitting president who only wants bilateral deals that when signed are heavily in the favour of the USA instead of being balanced to benefit both parties. Multilateral agreements are best especially those that eliminate the odd ball policies that prohibit market access and the export of goods and services to any market world wide.


HauergHauerg - 11/12/2017 7:09:37 AM
+1 Boost
Could somebody stick to the topic, please.


qwertyfla1qwertyfla1 - 11/12/2017 7:44:30 AM
0 Boost
I wear my knuckle head, right-wing badge with pride and honor!


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