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Head of the German automobile industry association warns UK agains Hard Brexit.


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Old 31-12-2016, 13:53
andykn
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It is the trade deal he is worried about .
He knows the EU sales more cars to the UK sales to the EU.
Drive anywhere in the UK and count the cars that come in from the EU our streets are full of them.
Do the same in any EU country count how many cars you see made in the UK that are left hand are left hand drives you will find the ones you see are top of the range cars most of us can't afford.
We are leaving the EU and people like this are trying to keep us still under their thumb.
Er, we do export lots of cars to the EU, it accounts for over half of all UK car exports.
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Old 31-12-2016, 13:54
andykn
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Or even Mexico has a free trade deal with the EU.
But is not in the single market. It's not the same thing at all.
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Old 31-12-2016, 13:54
tahiti
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There is no reason to pay the EU one Euro for access to their market. They should pay then UK as they sell us far more than we sell them. No other country in the world pays money in order to sell into another countries free market.
we are in trade surplus with 25 out of the EU 27 actually.
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Old 31-12-2016, 13:56
andykn
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What is the `big difference` that you claim ?
Customs checks and declarations, certificates of origin, exceptions to the products and services covered by the deal.
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Old 31-12-2016, 13:57
andykn
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There are no benefits the UK would not have spending the billions themselves.
Apart from membership of the single market where nearly half our exports go.
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Old 31-12-2016, 13:58
Doctor_Wibble
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Customs checks and declarations, certificates of origin, exceptions to the products and services covered by the deal.
And little tickets that say "this is beef and not horse, honest guv"
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Old 31-12-2016, 13:59
andykn
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There is no reason to pay the EU one Euro for access to their market. They should pay then UK as they sell us far more than we sell them. No other country in the world pays money in order to sell into another countries free market.
Apart from the EU and Norway, Iceland and Switzerland.
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Old 31-12-2016, 14:02
cobis
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many thanks - interesting, however on reading the comments underneath multiple votes were allowed and it was promoted on facebook to all and sundry ie not necessarily residents from Sunderland?
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Old 31-12-2016, 14:02
tahiti
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And little tickets that say "this is beef and not horse, honest guv"
we British are incapable of fraud and treat all livestock well, as is well known.
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Old 31-12-2016, 15:09
Aurora13
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What is the `big difference` that you claim ?
If this is still not understood 6 months after the vote little hope you ever will.

Shame folks didn't understand before they voted.
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Old 31-12-2016, 15:15
Mark_Jones9
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That's not everyone. How's it going for Russia or Venezuela?
Badly due to the severe drop in the price of oil in recent years and due to being subject to trade sanctions.
It's not free money. Otherwise we'd finance the NHS that way too.
QE can only be used reasonably safely when there is a fall in money supply and inflation is below target.
That's static Q3=Q2 and that's with 60bn of QE our G
DP has risen by less than 3bn.
QE takes time to feed through into the economy and besides it is supposed to fill a void, reduction in money supply to stop a slow down in the economy, not create a mountain. The Bank of England will probably at some point write a report on the effect of the QE on GDP. They have done on the previous £375 billion QE used in the financial crisis of 2008-2009.
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Old 31-12-2016, 15:25
Mark_Jones9
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And little tickets that say "this is beef and not horse, honest guv"
Said the EU to the UK.
The UK Food Standards Agency will hopefully DNA test just to be sure.
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Old 31-12-2016, 16:24
Doctor_Wibble
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we British are incapable of fraud and treat all livestock well, as is well known.
That's "as any fule kno", shurely
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Old 31-12-2016, 16:28
MARTYM8
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Looks like the German automotive industry has realised they're about to lose a lot of money. All the talk from some swivel eyed remainers about still buying their audis, bmws and vws, isn't ho to save them.

If the EU are so scared of the fallout from us leaving, then perhaps it's time they put in place a plan to keep trade and services flowing.
Germany's three largest export markets for its cars are the UK, the US and China. Oddly two are of these aren't EU members and the third soon won't be.

Maybe they will have more luck selling instead to the Greeks and Slovaks?

We have a massive trade deficit with the EU - which might pose more issues for them if they decide not to agree some sort of trade deal.
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Old 31-12-2016, 17:05
andykn
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Germany's three largest export markets for its cars are the UK, the US and China. Oddly two are of these aren't EU members and the third soon won't be.

Maybe they will have more luck selling instead to the Greeks and Slovaks?

We have a massive trade deficit with the EU - which might pose more issues for them if they decide not to agree some sort of trade deal.
Except it's not "them", is it, it's 27 other countries, most of whom we have a trade surplus with I believe.
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Old 31-12-2016, 17:14
Union Jock
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Who do you think you are kidding Mr Wissmann.
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Old 31-12-2016, 17:20
Ads
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Except it's not "them", is it, it's 27 other countries, most of whom we have a trade surplus with I believe.
Its amazing how many Brexiteers struggle to understand that its not the chairman of BMW who will be negotiating with David Davis and Liam Fox.

Also all 27 countries have to individually agree the Brexit deal - I doubt Greece or Cyprus has any interest in how many BMWs are sold in the UK.
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Old 31-12-2016, 20:28
worzil
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Its amazing how many Brexiteers struggle to understand that its not the chairman of BMW who will be negotiating with David Davis and Liam Fox.

Also all 27 countries have to individually agree the Brexit deal - I doubt Greece or Cyprus has any interest in how many BMWs are sold in the UK.
Yes it is.
Maybe not directly but every Chairman of every company that may lose out will be giving the government's grief over what they may lose just has top business people here are doing .
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Old 01-01-2017, 17:09
TelevisionUser
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http://www.independent.co.uk/news/bu...-a7501856.html

The people of Sunderland would be hit hard by tariffs and non-tariffs on 57 percent of their exports.

No wonder a recent poll carried by a local newspaper there shows massive swings towards Remaining in the EU. They no longer appear to believe that massive taxpayer subsidies are for ever !
Matthias Wissmann is only echoing what other business and financial leaders have said albeit more explicitly. He's quite plainly said that Hard Brexit = Loss of businesses + Job losses so that even the most intellectually challenged Leave supporter can comprehend that a hard Brexit will come with severe economic costs attached.

The solution is clear - an arrangement with the EU such as that which Iceland, Switzerland and Norway have (as supported by the Adam Smith Institute).
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Old 01-01-2017, 19:03
clinch
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Its amazing how many Brexiteers struggle to understand that its not the chairman of BMW who will be negotiating with David Davis and Liam Fox.

Also all 27 countries have to individually agree the Brexit deal - I doubt Greece or Cyprus has any interest in how many BMWs are sold in the UK.
How many of those 27 countries are net contributors to the EU budget? Some of them may have to start once we have left.
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Old 01-01-2017, 22:33
Abewest
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Its amazing how many Brexiteers struggle to understand that its not the chairman of BMW who will be negotiating with David Davis and Liam Fox.
It's actually more amazing how you seemingly struggle to understand the connection between business and politics that's been implied repeatedly and which most sensible people from either side take for granted.

Are you just completely dense?
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Old 01-01-2017, 22:45
Penny Crayon
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Matthias Wissmann is only echoing what other business and financial leaders have said albeit more explicitly. He's quite plainly said that Hard Brexit = Loss of businesses + Job losses so that even the most intellectually challenged Leave supporter can comprehend that a hard Brexit will come with severe economic costs attached.

The solution is clear - an arrangement with the EU such as that which Iceland, Switzerland and Norway have (as supported by the Adam Smith Institute).
So we'd still have Free Movement of people? I thought we wanted to put an end to that.

http://openeurope.org.uk/intelligenc...d-switzerland/
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