Nice To See Our Strong (And Stable) Government Letting The Japanese Walk All Over It.

[Canary42]

Another £60m taxpayers' money down the Swanee.

https://www.bbc.co.uk/news/business-47120759

[ToraToraTora]

funny the £350m a week with give to the EUSSR doesn't seem to bother you.

[gulliver1]

Or the millions that May gave the DUP, to prop up the Con Party.

[youngmafbog]

Did you actually read the article before putting angry digit to keyboard?

"A letter from the government to Nissan, written in 2016, revealed that the Japanese carmaker would only get the money if they made the car in the UK.

The government said that Nissan had not received any of the funds so far and would have to reapply for them."

So how is it "Down the Swanee"?

[ichkeria]

Interesting that the EU has just done a free trade deal with Japan as well.
Still, never mind.
It may not be the governments 60 million down the Swanee this time but not sure I find that 100% reassuring. The immediate future for Nissan in Sunderland seems ok but the comments from them on Brexit are not reassuring.

[youngmafbog]

Nissan are peed of with the indecision.

Caused in the main by Remainers.

[Khandro]

Nobody wants diesel cars anymore, Nissan is taking a hit and it's the same pattern all over Europe - the next big thing will be electric and Britain is well placed to lead in that.

I know someone who is an independent automotive/(genius!) who works as a consultant to a lot of British car manufacturers, he says everything he and they are working on now is electric.

[jim360]

// Nissan are peed of with the indecision.

Caused in the main by Remainers. //

More like Hard Brexiteers, since they keep dangling the threat of a No Deal over everybody.

[Old_Geezer]

Since they have to reapply for it, it must mean they ain't got it. So how's it down the Swanee ?

[Old_Geezer]

No deal isn't a threat, it's where we're inevitably heading due to folk supporting the EU intransigence, and consequntial EU refusal to strike a fair deal; unless MPs in that same group of folk refuse to get on with the referendum's democratically arrived at decision.

[jim360]

Most businesses -- certainly most of the significantly large ones -- do see No Deal as a threat. That's not up for dispute. It has been clear right from the beginning.

Now, I'm sure you might want to insist that the threat has been exaggerated, or is less significant than some abstract reclamation of "sovereignty". But to refuse to even admit, in the face of all the evidence and all the voices from across various sectors of our economy, that it isn't even a threat is the height of naivety.

[Old_Geezer]

Charming.

"Brexiteers, since they keep dangling the threat"

Brexiteers aren't threatening anything. They have no threat they simply point out the inevitable. Therefore no threat just as I typed.

[gulliver1]

" The government said Nissan had not recieved any of the money so far
Wrong , Nissan have recieved £ 2.6 million. Just another Conservative Lie, they just cant help it can they.

[Togo]

Hands up, who is in the market for a diesel car? A crappy plastic Japanese one too boot. Thank God we are not lumbered with the piece of junk long term. Meanwhile the yellow vest protest erupts in Germany...………….about the banning of, errrrr diesel cars from major cities to comply with the latest EUSSR "directive" that is meant to keep us safe in our heads.(But not beds)

[fiction-factory]

gulliver- so are you against the government using taxpayers' money to support jobs in areas such as Sunderland?

[tonyav]

Although Nissan is far larger and more profitable than Renault (and has a market value approximately double Renault's as of November 2018), Renault has effective control over the Alliance due to its significant voting stake in Nissan and its Nissan board seats (contrasted with Nissan's non-voting stake in Renault).[13] In addition, the single largest shareholder in Renault is the French government,[13] which may have the effect of placing Nissan policy under French government control and has contributed to resentment over the terms of the Alliance within both Nissan and Japan

Mmmmm Renault = French.

[naomi24]

//Nissan will need to reapply for UK funding after SUV plan U-turn //

https://www.ft.com/content/2ae40500-28a6-11e9-88a4-c32129756dd8

[Khandro]

n. I would have to subscribe to FT to read that. Have you read it, if so what's the gist?

[naomi24]

Try this Khandro.

https://europe.autonews.com/automakers/nissan-will-have-reapply-uk-funding-after-x-trail-decision

[Khandro]

Thanks, and this from SMMT;

New figures show British car manufacturing surged 8.5 percent in 2018, as the country is enjoying a slew of investments in research and new factories.
84,888 commercial vehicles rolled off British production lines in 2018, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), as the market recovers from a slowdown in demand precipitated in part by new diesel regulations.

Domestic demand rose by 17.9 percent, with an extra 5,248 units shifted, while exports increased by 2.9 percent to 50,320 units.

[youngmafbog]

"Most businesses -- certainly most of the significantly large ones -- do see No Deal as a threat. That's not up for dispute. It has been clear right from the beginning. "

What rubbish. "Most" businesses dont have anything to do with the EU other than stuck with red tape and regulation that slows their business down. "Big" business is only peed off because they tax payer will not longer fund the tariff, they will have to sort it out mean less profits for the fat cats.

No deal is not a threat, it should always have been the way to go with a deal if the EU wanted one too, the the loosing remoaners wont have that.