Running true to form, as I type this I have 24/7/365 News in the background. All are linking this to the UK's decision to sever the EU connection permanently. No doubt closure of Longbridge would be blamed on UK's Exit from the EU if the media thought they could get away with it! They are obviously so much more clever than us Plebs and need to remind us of that at every opportunity.
Foreign Investment? When it suits all will be gone. All the Japanese manufacturers here have threatened that years ago.
Apparently, 80% of the Vauxhall product goes to the EU. I wonder what percentage of that 80% goes to the UK market which currently is a member of the UK.
Before any calls of "Fake News", the UK media also stress a massive 75% of the Cars' manufacturing content is bought in from abroad.
Lot of good that does the UK. Mainly bought in from guess where!
Why oh why can't the UK manufacture that 75% stuff either in house, or elsewhere in the UK thus creating more jobs and securing existing ones, not exporting them. We still have the skills so it is not yet too late.
I drove past Ryton ten years ago. A sad desert. Just needed a few Tumble Weeds to complete the scenario.
Matter of time before both VX plants are shut down and asset stripped. Probably sooner rather than stated timeline later as soon as "clever" accounting reveals massively failing economy of both plants.
So when all is gone, will we import Opels with Vauxhall badges on them? So that folks buying Vauxhalls can feel comfortable that buying one provided manufacturing jobs and careers for Brits.
Bet they do.
Build 'em where cheapest, sell 'em where there are the fattest margins. Guess where.
TATA for now.