Astute
Well-Known Member
So was the biggest problem for JLR their diesel engines or not?
So was the biggest problem for JLR their diesel engines or not?Yes, I work in a field related to automotive emissions.
How what was a small thing? I have never tried to change history, I’ve gone out of my way to engage in the conversations and stated facts.
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I blocked you because of the bullshit you kept coming out with. And that wasn't just a few weeks ago. I put your posts back on a couple of months ago and you was still coming out with the same bullshit then.
Hasn't happened? All the things I mentioned were supposed to have happened if there was a leave vote. It wasn't if and when we left.
So do you not have a clue about what you make out you know about or are you just trying to twist the truth?
So was the biggest problem for JLR their diesel engines or not?
Isn't it amazing how I got ripped to bits by certain people on here for saying exactly the same about Corbyn and his way of leading Labour.
I will now sit back and watch you get exactly the same.
Or do we just see more utter bias?
We would have had a stronger hand if we would have negotiated. Anything would have been stronger than being dictated to.
A bit like you. House prices being astronomical in the UK is all the fault of the UK government but too high in France.....even though they are much lower than the UK in the most of France because people like myself have moved to France or bought holiday homes.
That one was cool. The fault of the UK government if in the UK but the fault of those from the UK if in another EU country. Yet you will still deny your total bias.
No. Some of this information is taken from public knowledge (27 scenarios) some of it from internal emails (1.2 BN - although I think this might have been publicly stated but I’m not certain). The emissions specific stuff has also all been in the news but is also the field I work in.
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No biggest problem is China sales.
Was this conversation about what their biggest problem is or if Brexit was one of their problems?
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The Eu impact for leaving was marginal on JLR on its overall business.
In fact any deterioration of currency would be of benefit
What’s your source for this? How much would currency need to fall to cover this? How much would the supply chain need to be adjusted to gain any benefit from currency fluctuations? What happens if currency reverts back to historic levels?
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The 2016 currency impact was the biggest percentage of its record profit year. The Fx in key markets was significantly in the companies favour and masked a fair few issues
The euro impact is non existent - some concerns would exist in terms of short term administration concerns if we crashed out but this would be a problem for all car
Manufacturers coming in or out.
The profit margins in the Far East are vast and the stated losses last year are not real
Again what is your source? I’m not sure you can dismiss the breaking of just in time supply chains as a “short term administration issue” and what does it being a problem for all manufacturers have to do with it? It’s still a problem and it seems you are accepting there that Brexit is one of JLRs issues?
Sales were down 50% in China last year and as I said their largest issues, not diesel. There was a large accounting write down but there was still several hundred million in genuine losers and another 395 million last year which was nothing to do with the previous years write down.
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The 2016 currency impact was the biggest percentage of its record profit year. The Fx in key markets was significantly in the companies favour and masked a fair few issues
The euro impact is non existent - some concerns would exist in terms of short term administration concerns if we crashed out but this would be a problem for all car
Manufacturers coming in or out.
The profit margins in the Far East are vast and the stated losses last year are not real
Again what is your source? I’m not sure you can dismiss the breaking of just in time supply chains as a “short term administration issue” and what does it being a problem for all manufacturers have to do with it? It’s still a problem and it seems you are accepting there that Brexit is one of JLRs issues?
Sales were down 50% in China last year and as I said their largest issues, not diesel. There was a large accounting write down but there was still several hundred million in genuine losers and another 395 million last year which was nothing to do with the previous years write down.
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Typo, last sentence is supposed to say last quarter not last year!
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I worked there.
The diesel impact of course was huge as well as the business had heavily invested in diesel technology and has very few competitive petrol options
Also the product offering was questionable - not offering differentiation and largely substituting sakes and the technology investment huge which meant many models have questionable per unit returns
The only added headache brexit would have caused is cash flow - if it was unplanned- but the problems that existed and would be its biggest challenges are non Brexit related. In fact if your going to be very picky if we had not been ever in the Eu we’d be probably as country employing more and dealing better with cost base issues as we would not have manufactured in Europe.
Of course it will be cited as a reason as the business would want to secure government financing - which it has every right to do - but look across Europe and the Jon losses through Central Europe to show its a consistent message everywhere
If you were working there last year maybe you are aware that the companies stance is Brexit will cost 1.2BN in tariffs?
While your other points are all valid I’m not convinced Brexit will be such a non issue. Under what tariffs and trading arrangements? And how will JIT supply chains cope with the sudden change?
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Eh now I am confused the company made £120 million profit in q4 after transformation costs
I worked there until a couple of months ago - I’m fully aware of the real situation
Indeed I meant it as in last q reported (1st one of this year) rather than last one of last year.
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What is the real situation then and how are you aware of it? Are you suggesting the company is wrong or lying?
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if we had not been ever in the Eu we’d be probably as country employing more and dealing better with cost base issues as we would not have manufactured in Europe.
Neither but like all businesses headlines are always there to get a result
Might be employing more but as it’s cheaper to manufacture in Europe how would that help cost base? And would the same level of growth have been achieved?
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What result would that be? That would also still be lying? While the company has been publicly anti Brexit this was more related to the internal email that stated tariffs would cost 1.2BN and make the business untenable. In public the comments have been less severe and more ambiguous about the outcome.
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Well the growth has little to do with the European plants - labour is of course cheap and cost cheap but what I’m saying is without that availability the company would have had to look at other ways to make the market equation work
I was more thinking growth over the last decade with access to SM. European plants are obviously very recent so limited effect.
Ok but you must acknowledge thats a very optimistic take.
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Of course it’s not lying - you can run scenarios and come up with different figures can’t you - worst / best case etc
And again if we are going to indulge in semantics the companies profit impact alone from the current hit in 2016 has made significant financial benefits and has helped the cash flow over the subsequent 3 years
I don’t think in the case if the company we are talking about the single market has st all been positive
It’s allowed the company to look far more at supplier bases through Europe and has been at the detriment of uk potential suppliers
Well if the company are telling staff the tariffs costs of no deal are 1.2BN and you’re saying the effects wouldn’t make any difference that’s quite a disparity. What result are you suggesting they wanted from any headlines?
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The most negative possible for obvious reasons
Perhaps but that’s has also given it more options which can mean cost savings or improved quality. I’m not sure how you are coming to the conclusion that them being forced to use the U.K. more would have helped the cost base?
As I’m sure you’re aware JLR has still used U.K. suppliers when appropriate and invested in its U.K. supply chains.
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JLR wanted a negative result? What obvious reason?
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We were dictated to because we allowed it to happen. This is why it was all very one sided.
Maybe it was all part of the plan to keep us in.
We will never know.
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