IF (Toyota UK warns of cutbacks if Britain leaves EU ) THEN (Toyota to invest £240m in UK plant at Burnaston ) ELSE

18 replies
Found 16th Mar
Before
& after.
Experts here, we are here to hear?!

18 Comments

Toyota trying to influence people to remain.

(whats) (with) (the) (((()))))(((())))
Edited by: "dalecool92" 16th Mar

Original Poster

dalecool92

(whats) (with) (the) (((()))))(((())))


That's for clever experts to decode.

dalecool92

(whats) (with) (the) (((()))))(((())))


It's just pseudo code, a way of explaining in a generic way how some programming code should work.
In this case, it is interesting what Toyota is doing..

No business wants or wanted the trauma of us leaving the EU! That's simple and easy.

However, now they face reality they have appraise the situation and continue investment if its a sweet deal still, hence....

Worth noting that investment in the UK car industry is down over previous years, maybe they invested to the max? Maybe the with less people buying and PCP deals slowing they are not ready to make further investments.

The Japanese Yen is relatively strong to sterling at the moment, so it's cheaper to invest now

They shouldn't be complaining. Uk wages will cost them less now due to the fall in the pound.

splender

That's for clever experts to decode.



​that's me out then.

They now know it's not as bad as all the scaremongering. It's here no one can change it so let's just get on with it.

Investment is always good but they have to protect themselves just like Nissan did but even with a £250 million investment they are also getting some nice perks back from the government

We (UK) are Toyota's biggest European market and if the were to leave the UK and the UK didn't get a free trade deal with the EU they would end up the losers in that deal, having production in this country also helps when they ship vehicles and right hand spec parts direct from Japan. Every single European car manufacturer will want a trade deal with the UK including ford Europe who took the transit production from the UK to Turkey using an EU grant to do so.

jocksteeluk

We (UK) are Toyota's biggest European market and if the were to leave the … We (UK) are Toyota's biggest European market and if the were to leave the UK and the UK didn't get a free trade deal with the EU they would end up the losers in that deal, having production in this country also helps when they ship vehicles and right hand spec parts direct from Japan. Every single European car manufacturer will want a trade deal with the UK including ford Europe who took the transit production from the UK to Turkey using an EU grant to do so.



Not a problem, feel free to leave the UK but every Toyota car coming into the UK will have a 50% tax on it!
Edited by: "Graham1979" 16th Mar

Graham1979

Not a problem, feel free to leave the UK but every Toyota car coming into … Not a problem, feel free to leave the UK but every Toyota car coming into the UK will have a 50% tax on it!


So a Toyota Yaris would cost around £16,000. The competition would put their prices up to just enough below that to compete so, instead of paying £8k for a basic small car, a UK customer would probably be paying somewhere around £12k.

I'm not sure that you really understand how businesses work.

RonChew

So a Toyota Yaris would cost around £16,000. The competition would put … So a Toyota Yaris would cost around £16,000. The competition would put their prices up to just enough below that to compete so, instead of paying £8k for a basic small car, a UK customer would probably be paying somewhere around £12k.I'm not sure that you really understand how businesses work.



While you make a good point... The Yaris is made in France.

The WTO tarrif for cars is 9.8%. But in reality cars will have a tarrif rate of zero.

What a terrible title

Banned

benjammin316

What a terrible title


Looks like a daily mail/mirror/express headline.
Best to ignore them all.

shadey12

​that's me out then.



Fancy a pint?

jocksteeluk

We (UK) are Toyota's biggest European market and if the were to leave the … We (UK) are Toyota's biggest European market and if the were to leave the UK and the UK didn't get a free trade deal with the EU they would end up the losers in that deal, having production in this country also helps when they ship vehicles and right hand spec parts direct from Japan. Every single European car manufacturer will want a trade deal with the UK including ford Europe who took the transit production from the UK to Turkey using an EU grant to do so.


I don't see your logic. Without a trade deal, then Toyota cars would be relatively cheaper than they are now compared to imported cars.
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