Media Ignore New Production of World’s Best-Selling Car in UK

Nissan’s decision not to begin production of a new model of car in Sunderland dominated the media at the start of the week, despite no jobs actually being lost. Brexit naturally got all the blame, despite a large number of other significant factors including falling demand for diesel cars and the EU’s stringent new emissions standards in the wake of Germany’s major diesel fraud scandal. If it was really a Brexit issue why didn’t Nissan just move production to one of their many manufacturing plants in Spain, or France where they have a strategic partnership with Renault?

Funny how quiet the media was when another Japanese car giant did start a major new production line – just last month Toyota commenced production of the new 2019 Corolla at its Burnaston plant in Derbyshire where over 3000 people are employed. The Corolla is not a niche SUV like the Nissan X-Trail, it is the best-selling car model in the world…

In fact the only mention of the new Corolla on BBC News was a single line in an article puffing up the latest round of no-deal bluster from the firm’s European boss and Greg Clark, which didn’t even mention the fact that new production had started. Not a word from Project Fear cheerleaders Sky News…

Toyota Invests Quarter of a Billion in UK #DespiteBrexit

Toyota today announces an investment of more than a quarter of a billion pounds into the UK, contrary to previous warnings from the firm and car market analysts over Brexit. The Japanese company has a major plant near Derby where it manufactures its Auris and Avensis models. About 75% of cars made at that plant are exported to EU nations. Last year the FT warned:

“The Leave vote could be the final straw for the two Japanese carmakers… Ahead of the referendum, Toyota had already warned of “huge cost reduction challenges” at its plants in Burnaston in Derbyshire and Deeside in north Wales if the UK faced a 10 per cent tariff on exports to Europe.

“The reality is that it’s nearly impossible to make profit considering that they had not made much money over the past two decades. Can you keep holding on to a perpetually lossmaking operation in Britain?” said Koji Endo, analyst at Advanced Research Japan.”

Experts…

Carwyn Jones’ Brexit Scaremongering Busted

Carwyn Jones’ scaremongering about Brexit during last night’s debate included the claim that businesses would leave Wales if Britain left the EU. Citing the examples of Toyota and Airbus, the Welsh First Minister said: “They’re interested in a market of 500 million people… These are all companies that are in Wales because it’s a European base for them.” When Farage disputed this, Jones insisted: “Nigel, I speak to them, what do you do?” So, would Toyota and Airbus quit if Britain voted to leave?

This is today’s FT splash:

And this is a BBC headline from June:

More Remain campaign myths busted…

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Ken Livingstone deployed a corker on TalkRadio this afternoon…
“I joined the Labour Party 50 years ago this month and in all that time I have never heard a single anti-semitic comment.”

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