Investment in British car industry has plummeted

[DimPrawn]

Three-quarters of investment lost. You've got to admit that's fucking huge.

Yeah, it's all terrible news....

Aston Martin announces £500m UK-Japan deal - BBC News

[sasguru]

Yeah, it's all terrible news....

Aston Martin announces £500m UK-Japan deal - BBC News

Good news indeed. 500 million over 5 years. So 100 million a year. A few more (many more) deals like this and we may make up the missing 1.5 billion per year.
But why would you care? Didn't you say in your last post you were leaving for the EU? :rolleyes

[vetran]

But why would you care? Didn't you say in your last post you were leaving for the EU? :rolleyes

nah he said he was leaving You!

[bobspud]

I'm sorry but I thought you were supposed to be financially literate Sas?

Investment is typically something you do to create something for a return... having spent 2 bliilion on investment for plant machines and possibly R&D for new cars. The chances are it's funded the change and the works complete. now the companies involved will expect a decade or so worth of returns for that money...

Investment last year doesn't need to be spent every year it's a one off business cost. If you are spending the same or more year on year it's not investment it's BAU operations

[original PM]

I'm sorry but I thought you were supposed to be financially literate Sas?

Investment is typically something you do to create something for a return... having spent 2 bliilion on investment for plant machines and possibly R&D for new cars. The chances are it's funded the change and the works complete. now the companies involved will expect a decade or so worth of returns for that money...

Investment last year doesn't need to be spent every year it's a one off business cost. If you are spending the same or more year on year it's not investment it's BAU operations

Stop speaking sense.

All ass guru understands is that everyone should plough money into things because all he ever does is fail.

As seen by many posts in here.

[sasguru]

I'm sorry but I thought you were supposed to be financially literate Sas?

Investment is typically something you do to create something for a return... having spent 2 bliilion on investment for plant machines and possibly R&D for new cars. The chances are it's funded the change and the works complete. now the companies involved will expect a decade or so worth of returns for that money...

Investment last year doesn't need to be spent every year it's a one off business cost. If you are spending the same or more year on year it's not investment it's BAU operations

Complete and utter bollux.
The car industry doesn't stand still and requires continuous ongoing investment, especially in R&D and to create new models.
That investment* has been in the 1.5-2 billion range per year, for the last few years, till 2016 and 2017 when it fell off a cliff.

*or call it spend if you wish

[sasguru]

All ass guru understands is that everyone should plough money into things because all he ever does is fail.

My daily rate is 1200 a day. Yours?

[northernladyuk]

My daily rate is 1200 a day. Yours?

His mum's thinking about giving him a monthly allowance to budget for and buy his own pants.

[WTFH]

Yeah, it's all terrible news....

Aston Martin announces £500m UK-Japan deal - BBC News

Great news. Will mean a few more U-turns are required, though:

Japanâ€[emoji769]s Top 10 Exports

Is it really a good idea to have a great trade deal with a country who pretty much make the same tulip as you?

Will the Germans really all start buying Japanese cars?

Or the french?

Sometimes I wonder if any of you fu<kwits have a brain - just because you have a trade deal it does not mean it will add value.

But how can it be good news if the deal is with failing Japan...

In Japan as you might guess. This is where central bank policy is going after the negative interest rates run out of steam...

Japan cabinet approves $130 billion in fiscal steps as part of stimulus



So basically printing money and transfering it to benefits packages.

[The_Equalizer]

My daily rate is 1200 a day. Yours?

Very smooth.