https://www.theguardian.com/business/202...t-uk-plant
So it looks like car manufacturing will be the latest industry to "flee the Brexit coop" and no wonder. Despite all the gung-ho talk by Sunak about stopping small boats, folk with money are queuing up to leave the sinking ship - not just weak-skinned Tory MPs (eminently replaceable btw), but key industries. To be more specific, car manufacturing and the company that owns Vauxhall, Peugeot, Citroen and Fiat to be absolutely precise. I noted a comment from the Amsterdam-based CEO (Carlos Tavares) of Stellantis: "If the cost of EV manufacturing in the UK becomes uncompetitive and unsustainable, ops close, and everyone will relocate outside the UK". Ford and Mini have already made this move! Also BMW is making the the new electric Mini in Germany, Honda doing it in the USA after closing its Swindon site. So it's not just the nasty old Dutch giving GB a bye-bye gesture. It is also brands that were originally British. And as the world gradually shifts away from diesel and petrol cars, the "sick man of Europe" tag really begins to stick to isolationist Brexit GB. Also note Sweden will be building what everyone needs if they can perfect battery storage that a succession of Tory governments simply forgot. This is what Britain (and Scotland!) have lost! partly by dismantling manufacturing, partly by resting on the UK's monumental laurels and totally through the self-harming vanity of Brexit.
So it looks like car manufacturing will be the latest industry to "flee the Brexit coop" and no wonder. Despite all the gung-ho talk by Sunak about stopping small boats, folk with money are queuing up to leave the sinking ship - not just weak-skinned Tory MPs (eminently replaceable btw), but key industries. To be more specific, car manufacturing and the company that owns Vauxhall, Peugeot, Citroen and Fiat to be absolutely precise. I noted a comment from the Amsterdam-based CEO (Carlos Tavares) of Stellantis: "If the cost of EV manufacturing in the UK becomes uncompetitive and unsustainable, ops close, and everyone will relocate outside the UK". Ford and Mini have already made this move! Also BMW is making the the new electric Mini in Germany, Honda doing it in the USA after closing its Swindon site. So it's not just the nasty old Dutch giving GB a bye-bye gesture. It is also brands that were originally British. And as the world gradually shifts away from diesel and petrol cars, the "sick man of Europe" tag really begins to stick to isolationist Brexit GB. Also note Sweden will be building what everyone needs if they can perfect battery storage that a succession of Tory governments simply forgot. This is what Britain (and Scotland!) have lost! partly by dismantling manufacturing, partly by resting on the UK's monumental laurels and totally through the self-harming vanity of Brexit.