Ford Bridgend plant under threat

[Farmer1001]

[

Given that Honda left because the EU zero rated car imports from Japan .. it's a horrible deal for the UK.

Just as the Mexico deal is another kick in the nuts.

The EU is just Germany and France kicking the cr@p out of the UK.

The writing has been on the wall for EU manufacturing (in its current state) for a long time due to global adjustment in response to the market changes, this is simply down to an evolving demand and supply needs. It has noting to do with the EU, but without doubt Brexit has focussed the minds and sped up decisions in the UK. I’d suggest the EU have long known this and instead of fighting the inevitable, have done trade deals to protect the core businesses that can and should remain, the UK is on the course to lose that as well.

 

[Farmer1001]

Las Vegas?

Funny

 

[ollie989898]

https://uk.reuters.com/article/uk-r...r-talks-french-finance-minister-idUKKCN1T60MA

PARIS (Reuters) - French Finance Minister Bruno Le Maire said there was no need to rush regarding the $35 billion (27.56 billion pounds) merger talks between carmakers Renault and Fiat Chrysler, while reiterating that he nevertheless wanted the deal to go ahead.

“We should take our time to make sure that things are done well,” Le Maire told BFM TV on Wednesday, regarding the merger talks.

“We want to do this merger,” he added, also stating that the government wanted guarantees over the new entity’s jobs, having a headquarter in Paris and corporate governance.


Sources had earlier told Reuters that Fiat Chrysler had resolved key differences with France over its proposed merger with Renault, as talks on the tie-up plan progressed towards a possible agreement on Wednesday.

FCA, Renault and its 15% shareholder, the French state, have been in talks over the Italian-American manufacturer’s bid to create the world’s third-biggest carmaker.


France has broadly welcomed the deal, on condition it guarantees Renault’s domestic blue-collar jobs and plants, while also preserving Renault’s existing alliance with Japanese partner Nissan.


Le Maire told Germany’s Frankfurter Allgemeine Zeitung that Paris could accept a dilution of the French state’s stake in a merged Renault-Fiat group as the French industrial policy of taking stakes in companies had proven unsuccessful.

“If state ownership was a guarantee of success, then we would not have lost 1 million industrial jobs in 10 years,” he told the German daily newspaper.

I have mentioned, along with several others, that the car industry is approaching near-meltdown. All the budget brands are amalgamating and will basically become a badge exercise in a few years.

 

[ollie989898]

Hmm, I’d say Brexit has a incy wincy bit to do with it according to Fords
Steven Armstrong who said
"Anything that puts either tariffs or friction at the borders in place - a no-deal Brexit - would be a disaster for Ford Motor Company but also the rest of the industry," he added.
Bloody remainers!

What the cronk do you know about that, or anything else? All you ever do is blame everything on bloody brexit. Ford recently jacked in a factory in Germany, 5000 jobs went then. I don't see you wrapping your lips about that?

Companies relocate production to Mexico because of labour costs, it's been happening for decades. Wake up man.

 

[jendan]

You remind me of David Ike

I said that in one of my posts about 2 years ago.

 

[Roger Perry]

https://uk.reuters.com/article/uk-r...r-talks-french-finance-minister-idUKKCN1T60MA

PARIS (Reuters) - French Finance Minister Bruno Le Maire said there was no need to rush regarding the $35 billion (27.56 billion pounds) merger talks between carmakers Renault and Fiat Chrysler, while reiterating that he nevertheless wanted the deal to go ahead.

“We should take our time to make sure that things are done well,” Le Maire told BFM TV on Wednesday, regarding the merger talks.

“We want to do this merger,” he added, also stating that the government wanted guarantees over the new entity’s jobs, having a headquarter in Paris and corporate governance.


Sources had earlier told Reuters that Fiat Chrysler had resolved key differences with France over its proposed merger with Renault, as talks on the tie-up plan progressed towards a possible agreement on Wednesday.

FCA, Renault and its 15% shareholder, the French state, have been in talks over the Italian-American manufacturer’s bid to create the world’s third-biggest carmaker.


France has broadly welcomed the deal, on condition it guarantees Renault’s domestic blue-collar jobs and plants, while also preserving Renault’s existing alliance with Japanese partner Nissan.


Le Maire told Germany’s Frankfurter Allgemeine Zeitung that Paris could accept a dilution of the French state’s stake in a merged Renault-Fiat group as the French industrial policy of taking stakes in companies had proven unsuccessful.


“If state ownership was a guarantee of success, then we would not have lost 1 million industrial jobs in 10 years,” he told the German daily newspaper.

I have mentioned, along with several others, that the car industry is approaching near-meltdown. All the budget brands are amalgamating and will basically become a badge exercise in a few years.

Latest news says deal is off, Nissan torpedoed it.
I agree on the consolidation, just too many manufacturers for a shrinking buyer base.

 

[ollie989898]

Latest news says deal is off, Nissan torpedoed it.
I agree on the consolidation, just too many manufacturers for a shrinking buyer base.

Not surprising, Nissan would recognise that Fiat has a raft of engine or component development and manufacturing facilities so any such union would invariably mean someone's plants will go.

All this kind of thing is why I have consistently said I would never vote for anything just because business was in favour of it: they would never vote for us.

 

[Farmer1001]

What the cronk do you know about that, or anything else? All you ever do is blame everything on bloody brexit. Ford recently jacked in a factory in Germany, 5000 jobs went then. I don't see you wrapping your lips about that?

Companies relocate production to Mexico because of labour costs, it's been happening for decades. Wake up man.

Interesting you didn’t reply to my post below where I pretty much said what you did. Ultimately Brexit has focused the minds of UK car manufacturers and plenty of others - but hey ho, even when Ford state how damaging a NO Deal Brexit will
be, the blinkered deniers won’t have it. And no I don’t blame everything on Brexit, a huge amount of the problems we face on the UK is the fault of both ourselves and our politicians, at least Brexit will ensure we have to take responsibility rather than blame the EU for how badly the UK has done. Go back to sleep
man, the thud will wake you at some point.

[ the writing has been on the wall for EU manufacturing (in its current state) for a long time due to global adjustment in response to the market changes, this is simply down to an evolving demand and supply needs. It has noting to do with the EU, but without doubt Brexit has focussed the minds and sped up decisions in the UK. I’d suggest the EU have long known this and instead of fighting the inevitable, have done trade deals to protect the core businesses that can and should remain, the UK is on the course to lose that as well.

 

[rob1]

Do you not know anything about the deal done between the EU and Mexico? Obviously not! We have had a trade deal with Mexico for 20 odd years and are currently one of their biggest suppliers, and for the past few years have been renegotiating it to improve trade on a fair basis for both parties, a deal was agreed last year that is in the process of being ratified and this deal will reduce tariffs on virtually all goods to zero! Ironically one of the big winners are EU farmers with tariffs coming off, so the decision for Ford to relocate to Mexico is simple and made easier by the risk of the Uk having tariffs with every country it deals with if it leaves with No Deal!

The EU has done great deals with Mexico. Japan, Canada etc, the likes of which the UK would champion as being amazing deals if we did them direct, but just as these come into force, the UK leaves! You couldn't make this sh1te up. Btw my sister is married to a Mexican and lives between Mexico City and Vancouver.

The new deal is mainly on food etc industrial products have been tariff free since 2000, just like honda ford are reducing costs by cutting back on factories in high cost areas, this quote is from Ford itself as to why they cancelled a new plant due to the requirement for higher skilled workers for the new generation of electric cars.

“The Mexico platform is essentially a lower cost, just-good-enough workforce,” he said. “It is not a place where there's a lot of innovation or new product development.” (Ford will continue to make gasoline-powered Focus vehicles at its Hermosillo, Mexico, plant.).

Also interesting
https://publications.parliament.uk/pa/cm200304/cmselect/cmwelaf/uc323-i/uc32302.htm.

But hey lets blame everything bad on brexit, its so much easier. Was brexit to blame when hoover jobs went to italy left, or sony or LG etc etc, Is it bad news that UK jobs are being lost, yes of course it is, is the UK government doing all it could to encourage manufacturing companies no they arent and that has been true of both colours of governments of several decades

 

[Farmer1001]

The new deal is mainly on food etc industrial products have been tariff free since 2000, just like honda ford are reducing costs by cutting back on factories in high cost areas, this quote is from Ford itself as to why they cancelled a new plant due to the requirement for higher skilled workers for the new generation of electric cars.

“The Mexico platform is essentially a lower cost, just-good-enough workforce,” he said. “It is not a place where there's a lot of innovation or new product development.” (Ford will continue to make gasoline-powered Focus vehicles at its Hermosillo, Mexico, plant.).

Also interesting
https://publications.parliament.uk/pa/cm200304/cmselect/cmwelaf/uc323-i/uc32302.htm.

But hey lets blame everything bad on brexit, its so much easier. Was brexit to blame when hoover jobs went to italy left, or sony or LG etc etc, Is it bad news that UK jobs are being lost, yes of course it is, is the UK government doing all it could to encourage manufacturing companies no they arent and that has been true of both colours of governments of several decades

You said “so they wont pay tariffs from mexico to the EU then?” Based on your obvious assumption they would, I pointed out they wouldn’t, end of. Let’s keep it simple - name a
company moving to, or planning to
move to the UK because of Brexit?

 

[rob1]

You said “so they wont pay tariffs from mexico to the EU then?” Based on your obvious assumption they would, I pointed out they wouldn’t, end of. Let’s keep it simple - name a
company moving to, or planning to
move to the UK because of Brexit?

As I have a life I didnt know when I posted the EU had already a deal with Mexico, obviously you werent aware that it covered industrial goods as you appear to claim we are leaving just as the deal comesinto force.
Not sure many companies have moved to the UK because of brexit but as this report shows FDI to the UK is still huge and the highest in Europe so companies still have confidence in us, its just such a shame that the remainer government/MPs have stopped us leaving so far so we can get on with the job, of course all the remoaners such as yourself dont help. Will there be some problems for a while ? Yes there maybe but they will soon be sorted and then we wil thrive and any short term issues are minor compared to the medium long term benefits and far more importantly the long term problems of staying in the EU such as it becoming more and more unwieldly and then into a super state

 

[bobk]

I had a 10 series ford tractor made in Mexico , biggest pile of ever to enter the gates

 

[Farmer1001]

As I have a life I didnt know when I posted the EU had already a deal with Mexico, obviously you werent aware that it covered industrial goods as you appear to claim we are leaving just as the deal comesinto force.
Not sure many companies have moved to the UK because of brexit but as this report shows FDI to the UK is still huge and the highest in Europe so companies still have confidence in us, its just such a shame that the remainer government/MPs have stopped us leaving so far so we can get on with the job, of course all the remoaners such as yourself dont help. Will there be some problems for a while ? Yes there maybe but they will soon be sorted and then we wil thrive and any short term issues are minor compared to the medium long term benefits and far more importantly the long term problems of staying in the EU such as it becoming more and more unwieldly and then into a super state

You posted that comment yesterday.
And if you read my reply you will
see I reference how long we have had a trade deal with Mexico (20 yrs) and the fact the new improved deal covers all goods whilst EU Ag is a big winner. You would think that if Brexit was going to be so good for business’s then at least one company would stick their head up and say “we are moving in as soon as you leave the EU”, just one...

 

[ollie989898]

You said “so they wont pay tariffs from mexico to the EU then?” Based on your obvious assumption they would, I pointed out they wouldn’t, end of. Let’s keep it simple - name a
company moving to, or planning to
move to the UK because of Brexit?

Google, facebook and apple just made significant investments in London. Billions worth.

Wakey wakey.

 

[Farmer1001]

Google, facebook and apple just made significant investments in London. Billions worth.

Wakey wakey.

What because of Brexit? No! The only business investment you can come up with could be done without Brexit, and best of all its global corporations investing in the corporate capital, according to the dwarf Brexit would sort that out.

 

[bobk]

Not all doom and gloom .

https://www.bbc.co.uk/news/uk-england-humber-48533470

 

[Muck Spreader]

Not all doom and gloom .

https://www.bbc.co.uk/news/uk-england-humber-48533470

Well there you are, yet more minimum wage jobs, the UK is saved.

 

[ollie989898]

What because of Brexit? No! The only business investment you can come up with could be done without Brexit, and best of all its global corporations investing in the corporate capital, according to the dwarf Brexit would sort that out.

Lol. Ok the 'only' investment. No. It illustrates that huge companies are still willing to invest and recruit here despite brexit because unlike you they dont subscribe to project hysteria.

 

[bobk]

Well there you are, yet more minimum wage jobs, the UK is saved.

Minimum wage is better than no wage .

 

[Farmer1001]

Lol. Ok the 'only' investment. No. It illustrates that huge companies are still willing to invest and recruit here despite brexit because unlike you they dont subscribe to project hysteria.

my points on here are not in relation to “project hysteria”, they are in response to all the claims made, I simply ask for evidence to support. End of day the best way you can validate your point is to show evidence.