Anyone who simply shouts Brexit isn’t worth listening to.
The decision is complex and multi-layered, but it’s a perfect storm and Brexit is just one factor which isn’t helping.
2008 crash still hasn’t worked through the system and probably won’t for another decade, if ever for some people. Anyone now in their mid-thirties is about £2,000 a year poorer than someone of the same age in 2008.
Italy in recession, Germany close.
Lack of demand for any new vehicles – Worldwide – Brexit will be affecting UK buyers due to uncertainty – do I commit to £250+ a month or wait until later in the year?
Massive reduction in demand for diesels – UK is one of the worst affected .
Nissan Europe –Carlos Ghosn issue – he did all the deals with UK Government – his deals are all now being reviewed by Nissan in light of the situation the company are now in.
Japan recently signed free trade deal with EU – as there are now no tariffs why build here? UK manufacturer’s exporting to Japan by ship know it takes 4-6 weeks. That takes us beyond Brexit. When those cars leave these shores there is no certainty as to what tariffs may or may not be due. That’s a problem when you are trying to sell them as you can’t confirm the price.
However silver linings - If it means a return to proper Nissans, rather than Renaults in a different dress, it may actually not be a bad thing!
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