F-Type ( X152 ) 2014 - Onwards

JLR and Brexit

Old Jun 24, 2016 | 09:45 AM
  #1  
SinF's Avatar
Thread Starter
|
Veteran Member
Joined: Mar 2016
Posts: 6,986
Likes: 2,157
From: Canada, eh
Default JLR and Brexit

For international F-type owner things just became a lot more expensive. With UK no longer part of EU, they won't benefit from various agreements and treaties and will have to pay full tariffs to sell cars outside of UK. I anticipate a number of markets where JLR might close the shop. The rest of them, both parts and cars will become more expensive.

Now, for Canada I hope they will keep the lights on, but I can see scenario playing out when JLR might pull out just like 90s-era Alfa Romeo. This will take couple years to play out... so at least until the end of warranty.
 
Old Jun 24, 2016 | 10:34 AM
  #2  
Unhingd's Avatar
Veteran Member
10 Year Member
Liked
Loved
Community Favorite
Joined: Dec 2014
Posts: 16,948
Likes: 4,727
From: Maryland, US
Default

Originally Posted by SinF
For international F-type owner things just became a lot more expensive. With UK no longer part of EU, they won't benefit from various agreements and treaties and will have to pay full tariffs to sell cars outside of UK. I anticipate a number of markets where JLR might close the shop. The rest of them, both parts and cars will become more expensive.

Now, for Canada I hope they will keep the lights on, but I can see scenario playing out when JLR might pull out just like 90s-era Alfa Romeo. This will take couple years to play out... so at least until the end of warranty.
the equation, though , is balanced by a massive weakening of their currency.
 
Old Jun 24, 2016 | 10:46 AM
  #3  
SoCalJagS's Avatar
Senior Member
Joined: Feb 2015
Posts: 643
Likes: 92
Default

Originally Posted by SinF
For international F-type owner things just became a lot more expensive. With UK no longer part of EU, they won't benefit from various agreements and treaties and will have to pay full tariffs to sell cars outside of UK. I anticipate a number of markets where JLR might close the shop. The rest of them, both parts and cars will become more expensive.

Now, for Canada I hope they will keep the lights on, but I can see scenario playing out when JLR might pull out just like 90s-era Alfa Romeo. This will take couple years to play out... so at least until the end of warranty.
Jaguar Land Rover will not pull out. They may be forced to survive on less profit for awhile. In the long run I think this will be good for Great Britain.
 
Old Jun 24, 2016 | 11:11 AM
  #4  
RickyJay52's Avatar
Veteran Member
10 Year Member
Liked
Loved
Community Favorite
Joined: Oct 2014
Posts: 3,468
Likes: 1,800
From: Northeast
Default

post deleted
 

Last edited by RickyJay52; Jun 24, 2016 at 12:52 PM.
Old Jun 25, 2016 | 09:06 AM
  #5  
Foosh's Avatar
Veteran Member
Joined: Jul 2014
Posts: 6,176
Likes: 1,039
From: Maryland, USA
Default

Below is an interesting summary of the manufacturers' initial reactions. Clearly they are not happy, and all suggest that the free-trade agreements that come w/ EU membership are essential to keep the UK auto industry alive. Those will all have to be renegotiated, which means an extended period of uncertainty.

http://www.autonews.com/article/2016...u-after-brexit
 
Old Jun 25, 2016 | 09:27 AM
  #6  
Cambo's Avatar
Joined: Jan 2011
Posts: 8,637
Likes: 4,519
From: Sydney, Australia
Default

How many threads do we need about Brexit???

https://www.jaguarforums.com/forum/o...-types-164899/

https://www.jaguarforums.com/forum/o...passes-164901/

https://www.jaguarforums.com/forum/f...aguars-164928/

The next person to start a thread on Brexit will take a 1 week unpaid vacation from this forum.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
BobRoy
PRIVATE For Sale / Trade or Buy Classifieds
49
Sep 18, 2016 10:48 AM
garyw77
S-Type / S type R Supercharged V8 ( X200 )
17
Apr 9, 2016 07:32 PM
frostykitty
XK8 / XKR ( X100 )
2
Apr 9, 2016 08:46 AM
geewilicurs
X-Type ( X400 )
1
Apr 5, 2016 06:37 PM
Nati
F-Type ( X152 )
3
Apr 5, 2016 10:20 AM

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Thread Tools
Search this Thread

All times are GMT -5. The time now is 04:17 AM.