Claus Vistesen
@ClausVistesen
Replying to
@odtorson
The Nissan Sunderland plant has become an almost mythical bargaining chip in this affair. "Pulling out of Europe" makes zero sense. Of course they won't do that. But they might well consider that the UK market is worth enough for them to "double down" on the investment there 1/2
Also, your point on choice is important and not discussed. More trade frictions mean less choice—that BMW could well become very expensive—also, could there be a reg arbitrage here? It would make sense for the UK to undercut EU on emissions rules etc 2/2
The whole low-tax Singapore-on-Thames never made sense—see Ireland—but a Cons gvt might just try to tempt to stay a few paces behind what will now become a very "green" EU on environmental standards.
Finally, the Nissan/Renault love affair seems to have come to a screeching halt recently, which could sway the new Japanese leadership to prioritise their non-EU European investments more. The q nobody is asking is whether 20% of UK car-buyers want to drive a Nissan ;) ? 1/2.
Of course, they might have to from 2021 and onwards ;) 2/2