Wednesday, December 06, 2017

German cars. German profits.

Germany dominates car production across Europe and makes eight of the top selling cars in the UK.  

So says an investigation by car magazine AutoExpress.    

Which, putting it in incredibly simple terms, means Germanys car industry needs the UK.  It makes a fortune here.  They want to sell to us.  We want to buy.   

But if the EU plays its hand the way they are, when we leave the EU, German built cars will be much less of an attractive proposition to UK buyers.  

So, I may be wrong, but I don’t think the board rooms of BMW, VAG and Mercedes will like the idea of the EU and their chancellor punishing the UK.  It will punsh them too and with it take away a rather delicious slice of their profits.  And jobs.

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