No. If you import a raw material and increase the value of it by processing it into a car or something else of high value, you lose on the import (since it’s more expensive) but you gain on the export.
No. If you import a raw material and increase the value of it by processing it into a car or something else of high value, you lose on the import (since it’s more expensive) but you gain on the export.
Except of course that the value of sterling has dropped by about 15% since Brexit; back of the envelope calculations suggest that Nissan cars are now more competitive than they were before the referendum, and if the current exchange rate is the (expected) new normal then even a 10% tariff is only going to serve to…
It’d likely be state aid which isn’t allowed under WTO rules.
No it wasn’t.
It’s great for our exports though.
What decisions will they make though? That’s the question. Imagine if it turns out that the UK was the only thing stopping the EU from collapsing into a black hole of its own hubris...
Yeah, that’s BS.
It’s always sensible to remember Mr. Ghosn’s full title, which is Chairman and CEO of the Renault-Nissan Alliance. The largest single shareholder of the Renault-Nissan Alliance happens to be the French Republic, who might have an ulterior motive here.
That doesn’t sound much like me.
The economy is going quite well, as it happens.
The only reason the Defender was basic was that essentially no money has been spent on developing it for 40 years, because everyone was too afraid of changing it. We’re good at doing that in the UK - see the Mini.
You can say that about every upscale SUV though. At least Land Rover make an effort at making their vehicles offroadable.
There’s a fairly sensible rationale behind the “women are bad at parking” thing, but it isn’t “women are bad at parking”. If you look at insurance claims, the ones that men often make are big “rolled the car 5 times at highway speed” ones, and the ones women make are “parking scrape” ones.
Hardly just acknowledging.
The bits with Evans were the best for me, since there was clearly some thinly veiled dislike there. That sort of grinding forbearance plays well with us Brits.
If you think about it, this car’s only direct competitor is a Chevy Suburban.
Although if you didn’t climb the parapet on the whistle your CO would shoot you, so we can probably reduce it to: