Lloyds Banking Share Discussion Threads

[1carus] 08/3/2019 12:24

Designing in house ICE is a real barrier to entry for car manufacturers.(Morgan use BMW) Buying batteries from panasonic, motors from siemens or even specifying what you want is going to be way cheaper. The cost will be on designing your platform to put them in. The trick to selling electric cars will be range, charge time and gizmos/connectivity. Anyone with a wad of money, why Ratcliffe is looking at the defender as a pet project I don't know unless he is looking at electric, has an entry point and can just follow Tesla to learn from the mistakes.

[ladeside] 08/3/2019 12:23

"TM due to speak in Grimsby shortly, on 231"

Something "fishy" going on ????

[ladeside] 08/3/2019 12:22

Mobile phones are still really expensive, however most people think they're cheap because they're tied in to a monthly contract "package" which they just accept as normal.

[polar fox] 08/3/2019 12:19

TM due to speak in Grimsby shortly, on 231.

With the blame game underway from all cabinet quarters, I'm expecting more of the same from her.

[minerve 2] 08/3/2019 12:09

maxk8 Mar '19 - 11:30 - 248854 of 248859

"You conveniently overlook the fact that the Japanese motor industry is moving back to Japan. No need for a €uropean manufacturing facility now they have a trade deal"

If the UK was to remain in the EU there would be no need to move at all! It isn't as black and white as you think. It all depends on where the sales are and where the supply chains are too. Also, Japan as a real problem with an ageing workforce, take too much back and they will not be competitive.

Brexit is the real reason. Just keep your little heads in the sand. We will watch your pathetic little dream day-after-day and Minerve will be here to be so smug and tell you that he is right and you are wrong - like I always do.

[willoicc] 08/3/2019 12:05

Wbecki electric cars are far too expensive NOW, mainly because of the cost of the batteries.

As battery technology advances, they will become much cheaper and range will increase substantially.

Mobile phones cost £thousands when they first came out. Now they are much more affordable.

Electric vehicles will move the same way.

[wbecki] 08/3/2019 11:55

"willoicc
8 Mar '19 - 11:51 - 248856 of 248856
0 1 0
One of the reasons why the car industry is going through a fundamental change WORLDWIDE is that the move to electric cars means that the number of people required to make cars will be considerably reduced."

Bingo

Coupled to that will be the fact that the number of people "Able" to afford these new electric cars will be significantly reduced. Add to that "social credit systems" mean there'll be a large number of people not allowed to own cars,or travel!!!!

Nightmare sceanrio for the numerous car manufacturers. Far too many of them.. Watch them consolidate further.

[willoicc] 08/3/2019 11:51

One of the reasons why the car industry is going through a fundamental change WORLDWIDE is that the move to electric cars means that the number of people required to make cars will be considerably reduced.

Electric cars have less than 30 moving parts compared to petrol and diesel which have over 2000. Ref: Tony Seba on YouTube.

Electric cars are able to clock up much higher mileages than ICE's and require much, much less maintenance.

The UK's car industry in the future will be dependant on consumers' choices - if 6 out of 7 people continue to buy an imported car, rather than a British made car - then there will be no UK car industry and the UK will be even more bankrupt than it already is.

That, of course, depends on how long the people who own the UK's debt are prepared to allow the UK to keep rolling up debts which we cannot service.

When any industry disappears, it is not just the big companies that go. All the smaller companies also go, eg when Honda or whoever closes down, it will also reduce jobs in companies supplying engines, seats, tyres, electrics, lights etc., etc.

The end result will not be because of Brexit. It has been building up since long before the referendum in 2016.

The future is robots and automation. Millions of people are going to become jobless over the nest 20 years. That is not because of Brexit either.

I really recommend people to watch Tony Seba's videos on YouTube. If he is correct the world is going to change in a big, big way.

[alphorn] 08/3/2019 11:37

Motorsport teams are of course firmly based in the UK even though they use Swiss, German, French and Far Eastern input.

[maxk] 08/3/2019 11:30

You conveniently overlook the fact that the Japanese motor industry is moving back to Japan. No need for a €uropean manufacturing facility now they have a trade deal.

[toon1966] 08/3/2019 11:07

Shy Tott - is that the best comment you can come up with about the UK car industry given your Cambridge and Harvard education.

[shy tott] 08/3/2019 10:54

I don't count the uk as having a car industry - what we have is menial jobs bolting bits of cars together, hardly what the uk is worthy of.

Use uk talent to start from scratch and design world class high tech cars the world wants - we have the best engineers to do that.

[shy tott] 08/3/2019 10:50

Becket got a lot of booing last night - not surprising really, she basically said those who want a clean break on the 29th are mad (or words to that effect). Looks like the populace is tiring of ad homs, 'I am right, you are an idiot' type thing. Having claimed £600 from the taxpayer for hanging baskets, it shows how out of touch some politicians are. Not to mention the £72k rent she charged against the rules while in a grace and favour apartment (paid by you and me). Not to worry, all normal and didn't stop her getting a damehood. Not you is it 'I know I am right' Minerve2?

[poikka] 08/3/2019 09:04

There's probably a 50:50 chance that Brussels will agree a N.Ireland backstop arrangement that satisfies both sides. Trouble is, it's a red herring, and just a diversionary tactic: the real issue is that we'll be tied into the EU for however long they want us to be tied in.

[prewar] 08/3/2019 07:59

"The same happens in the Greek referendum. They vote to leave but orders from Brussels reverse the people's democratic decision overnight. The same in Ireland and so on."

Hey k38 which vote are you referring to here for Ireland, Lisbon treaty?

[bargainbob] 08/3/2019 07:48

Leave and ETFA.

[xxxxxy] 08/3/2019 07:45

LEAVE and WTO

[xxxxxy] 08/3/2019 07:45

Will the government set out all the good news of what we can do once we have left the EU?

By JOHNREDWOOD | Published: MARCH 8, 2019

The Remain MPs and commentators are brilliant at pushing out an endless set of recycled Project Fear stories, each one more lurid than the last. They want to pose Brexit as a disease to be treated or a “cataclysmR21; to be managed. They seem to have demanded or influenced a lot of government Ministers and departments to ignore the potential and suppress the good news of what we can do and achieve with a clean WTO Brexit on 29 March.

The Treasury refuses to discuss how we could spend the £12bn a year net saving if we leave without signing the Withdrawal Agreement with its promise to pay for nothing for years to come. The Treasury refuses to spell out what an April budget would look like when we could spend the Brexit bonus on a mixture of public service improvements, investments and tax cuts. This would provide a welcome boost to an economy slowed deliberately by a strong fiscal and monetary squeeze over the last year.

The Business department claims to be worried about the car industry after a WTO Brexit, yet fails to take any action to reverse the obvious damage being done to our car makers whilst we are still in the EU by the squeeze on car loans, the big hike in VED and the attack on diesels. Why wont they announce no tariffs on imported components from any part of the world when we trade under our own tariff schedule after March 29? Why do they not cut the VED, and lift the more extreme threats to diesels?

The Environment department fails to set out what a UK fishing policy will look like once we have taken back control of our fishing grounds, and fails to make fewer food miles and more self sufficiency in food one of its priorities in the legislation for our future.

[bargainbob] 08/3/2019 07:42

No the UK Union .

[patientcapital] 08/3/2019 07:41

Happy to read you've have an epiphany, bb! Better late than never.

[patientcapital] 08/3/2019 07:40

By accident I found myself reading the JDW thread. A poster there had taken it from the Express. No doubt it is a pack of lies :)

[bargainbob] 08/3/2019 07:39

Oh another broken promise on the Vow in 2014 . We really need to get out of this cursed Union.