PREDICTION: A UK-based Japanese car maker will announce a factory move to one of the EU27 leading to thousands of redundancies. Interviews with Leave-voting car workers will play 24/7.
It won’t be pretty.
bloomberg.com/news/articles/…
It won’t be pretty.
bloomberg.com/news/articles/…
“Large motor manufacturers rely on just-in-time. Toyota pretty much invented it. If they see customs delays on the horizon they'll be forced to move to mainland Europe by a combination of UK hubris and their own established manufacturing methods.”
politics.co.uk/comment-analys…
politics.co.uk/comment-analys…
“Our exit from a customs union would suffocate the just-in-time manufacturing that depends on genuinely frictionless transport of goods in and out of the UK.”
theguardian.com/commentisfree/…
theguardian.com/commentisfree/…
Brexiters don't understand 21st century supply chains and just-in-time manufacturing
“Our party is split and there are 30, 40, 50 people who have a very poor grasp of how the real world works”
Disruptions to just-in-time shipments of supplies during the 2000 fuel protests led to large parts of the British economy facing the threat of shutdowns, cutbacks and closure
The London Chamber of Commerce estimated that the crisis cost British business $250 million a day
The London Chamber of Commerce estimated that the crisis cost British business $250 million a day
Disruption to just-in-time food deliveries, led to food shortages and panic-buying within a week
Some shops were emptied of basics such as bread and milk, and a number of supermarkets began rationing food purchases
Some shops were emptied of basics such as bread and milk, and a number of supermarkets began rationing food purchases
Here we go. Japanese car makers' business model will become unviable if the UK leaves the SM & CU.
