Brexit - or Article 50: the Phoenix!

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IanM said:
Air passenger numbers from the UK up average 6% p.a. since the referendum... and you won't of heard of 3 of those airlines as don't fly much to the UK, if at all.... so your linkage to Brexit is?????
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lol, chuck a stat in, but fail to mention the rise comes predominately from travel to long haul destinations such as Singapore, Dubai, the USA, which last time I checked are not in Europe.

I know all about the airlines that have gone bust, you carry on pretending brexit isn't having any sort of negative impact and quote project fear to every bit of news.
If it weren't so sad it'd be funny.
 
really interesting reading on the Honda/swindon issue today.... you read some outlets and brexit is to blame for their decision to pull out, others showing MP dialogue claiming it is a global trend, the part I find most interesting is to examine their sale figures.

In 2007 Honda sales accounted for 1.99% of the european car sales figures.
In 2017 Honda sales accounted for 0.91% of the european car sales figures.

So arguable that they've had a steady declined over the last 10-12 years leaving their sales level at HALF of what they were and then leaving a good rationale for pulling out of the UK and europe for production.
 
adam6177 said:
really interesting reading on the Honda/swindon issue today.... you read some outlets and brexit is to blame for their decision to pull out, others showing MP dialogue claiming it is a global trend, the part I find most interesting is to examine their sale figures.

In 2007 Honda sales accounted for 1.99% of the european car sales figures.
In 2017 Honda sales accounted for 0.91% of the european car sales figures.

So arguable that they've had a steady declined over the last 10-12 years leaving their sales level at HALF of what they were and then leaving a good rationale for pulling out of the UK and europe for production.
Click to expand...


If Swindon was the only overseas plant Honda were closing, it would be a reasonable assumption that uncertainty over UK Trade position was a factor. But it isnt. Losing half their maket share has to be significant.

The UK Govt recently peed off the Japanese, they have also deliberately (in my view) messed around with Brexit Negotiations increasing uncertainty. Also car sales are down due to lack of clarity about diesel.. (thats the EU and UK at fault)
 
robinthehood said:
Less of us traveling due to the weak pound, some airlines profits in pounds taking a hit because of the same thing, but nah nothing to do with brexit....
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Totally agree!

Any airline that hasn't taken a (defensive) position because of Brexit only has itself to blame when sales shrink!

Btw. It's actually 'Fewer', but an 'acceptable' glitch! The punctuation/sentencing, however, is diabolical!
 
IanM said:
Air passenger numbers from the UK up average 6% p.a. since the referendum... and you won't of heard of 3 of those airlines as don't fly much to the UK, if at all.... so your linkage to Brexit is?????
Click to expand...
That’s artificially high, TM and her team are doing a lot of travel. She should be told to do her negotiations via Skype!
😎
 
IanM said:
If Swindon was the only overseas plant Honda were closing, it would be a reasonable assumption that uncertainty over UK Trade position was a factor. But it isnt. Losing half their maket share has to be significant.

The UK Govt recently peed off the Japanese, they have also deliberately (in my view) messed around with Brexit Negotiations increasing uncertainty. Also car sales are down due to lack of clarity about diesel.. (thats the EU and UK at fault)
Click to expand...

You might want to consider that sales globally have drastically fallen - due in part to the Trump strategy of import controls and argument with China.
 
IanM said:
If Swindon was the only overseas plant Honda were closing, it would be a reasonable assumption that uncertainty over UK Trade position was a factor. But it isnt. Losing half their maket share has to be significant.

The UK Govt recently peed off the Japanese, they have also deliberately (in my view) messed around with Brexit Negotiations increasing uncertainty. Also car sales are down due to lack of clarity about diesel.. (thats the EU and UK at fault)
Click to expand...
I think Honda lost their way, their product range is pretty bland and the nsx is too expensive. Gone are the exciting innovative Preludes, legends, crx, s2000 etc.. the civic just looks like a bewinged pram.
Brexit is not to blame, and they don’t claim it is. However it might have expedited their decision, purely because the uk government has not pinned down a deal.
The disaster is the parasitic industries.
 
harpo_72 said:
I think Honda lost their way, their product range is pretty bland and the nsx is too expensive. Gone are the exciting innovative Preludes, legends, crx, s2000 etc.. the civic just looks like a bewinged pram.
Brexit is not to blame, and they don’t claim it is. However it might have expedited their decision, purely because the uk government has not pinned down a deal.
The disaster is the parasitic industries.
Click to expand...
I have to say I agree with your post. I don't feel well now though. 👍
 
If Honda want to save money by moving production of their Civic to Japan I wonder what the cost per car is to ship them back to Europe.

Honda do make good quality products but their range of cars have become very ugly, a trait noticeable with Nissan and Mitabushi. I have a feeling that car prices will come under some strain in the near future which could result in some serious price cutting.
 
Honda are retracting to a friendly home market, the problem is that market has changed in the last 20years. They need to appeal to buyers.
Not to sure where they stand in the NAS market though.
But this could be the beginning of their end or reduction in their product portfolio
 
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