Settling Brexit could be positive for UK sales for Jaguar and Land Rover in Britain, according to Rawdon Glover, the firm’s UK managing director.
Despite a difficult sales year for the brands, both have shown upswings - driven in part by new model launches - in the UK despite economic uncertainty prompted by the ongoing Brexit negotiations.
That prompted Glover to say: “There is so much uncertainty and all the indicators suggest consumer confidence is down, so there is reasonable cause to look to those concerns as a reason for depressing the car market.
“So, thinking positively, you could say that any resolution to the Brexit impasse could help us emerge into a more favourable mindset, possibly even with pricing advantages for anyone building their cars in Britain.
“It’s a one-sided view, but my job is to sell Jaguars and Land Rovers in the UK, and I can look therefore at potential upsides to us emerging from Brexit, hopefully with a clear vision for the future that gives people confidence.”
Jaguar Land Rover’s overall CEO, Ralf Speth, has repeatedly warned of the damage a No-Deal Brexit could cause if cars made in the UK but exported to Europe carry a tariff, or if parts required to build cars in the UK are required to undergo border checks. He has estimated the potential cost to the firm to be up to £60m per day.
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Jaguar Land Rover boss: hard Brexit will cost jobs
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Being in Europe has made stuff complicated for no reason!
I have never understood why low value goods are being shipped back and to across european state borders to make stuff, surely the transport costs negate any zero tariff gains?
(F)Actual case in point: A firm I deal with produces rubber grommets within 45 minutes drive of Jaguar Halewood. Said grommets are shipped to the EU mainland for incorporation into a wiring loom that is then shipped back to Halewood. That rubber boot has travelled close to 1000 miles merely to arrive back on it's own doorstep, how does that make economic sense or, from a green perspective, environmental sense?
Let's take higher value scenario, Airbus.. For political reasons the planes are manufactured from components shipped in from all over Europe, what a pointless exercise! The scheme was dreamt up to provide skilled jobs across the EU irrepective of cost, social engineering at it worst. The irony is that British workers are shipped to France to work due to a lack of local talent. I can understand the logic of shipping cheap parts made by low paid, unskilled workers in developing countries but deliberately building something in factories hundreds of miles apart for no good reason makes no sense at all.
Brexit.. bring it on as far as manufacturing is concerned, The UK is one of the biggest car markets in the EU, tariffs will hurt them more it hurts us and may see a growth in the supply chain for the UK market.
kboothby wrote:
So true
Uncertainty is the killer all
Uncertainty is the killer all right. Three years on, with several deadlines busted, it's well past time to get it done and dusted.
£60m per day...
£60m per day every day of the year is £21.9bn. Their total revenue in 2017/18 was £25.8bn. Ralf Speth is purposefully misleading, it is impossible for JLR to lose that much money. Why on earth could he be misrepresenting the facts?
Why oh why? Hmmmmm..
He's German.....
CarNut170 wrote:
Because he ran JLR into the ground and blames everything else for that
CarNut170 wrote:
Because he ran JLR into the ground and blames everything else for that
CarNut170 wrote:
Because he ran JLR into the ground and blames everything else for that
CarNut170 wrote:
Because he ran JLR into the ground and blames everything else for that