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Old 06.07.2016, 15:04
Urs Max Urs Max is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Seeing anybody can buy stocks in virtually any car manufacturer, and top management is also getting more and more international, the question of which country owns a brand is becoming increasingly cloudy and ultimately irrelavant.

What matters more is, who gets the dividends, who gets the taxes and where are the jobs?

Manufracturing creates jobs and wealth in a more visible way than the dividend, and there are certainly plenty of cars being made in the UK, and plenty of sub component manufacturers and service providers to the car industry are also based in Britain..
I generally agree, but the increased profits will go to (and be taxed in) Germany and elsewhere, that's why ownership is important. The jobs are in the UK already so at best no change by Brexit, at worst a move of the jobs to EU territory with the next major company reorganisation. Delays at the border/customs may make Just In Time and Lean Manufacturing impossible, and if EU decides that UK components are to be tariff'ed they may well become uncompetitive despite the lower pound.

From an EU perspective, the UK is no longer "us" since the Brexit. There's no particular reason anymore to play nice.
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