14.04.2020, 15:30
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 | Forum Legend | | Join Date: Apr 2010 Location: Verbier
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| Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in
| Quote: | |  | | | Stop putting words in my mouth, this isn't what I said.
Still, to play along: Obviously there are other issues, like the shift towards electric. The investments for that do happen, just not in the UK. In 2018 investments by SMMT members (Society of Motor Manufacturers and Traders) dropped by almost 50% due to the moving of car production away from the UK which, of course, is caused by Brexit.
This is what Mike Hawes, SMMT Chief Executive said last year when Brexit was two months away. And don't ask for a more recent quote, I can't be bothered given the continued fall of production numbers shown below (chart taken from SMMT):
 | | | | | I guess you can see when scraping a car deals were offered, this brings future sales forward, the average sales over 3-5 years won't change much.
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