Brexit reaction to car brands stock values in Britain |


Published on June 26th, 2016 | by Daniel Sherman Fernandez


Brexit reaction to car brands stock values in Britain


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Billions of British pound sterling were wiped down from the trading values of many companies including car companies that profit from the EU. The losses faced by investors are similar across the board, though some companies have been struck harder than others.

Depending on where you look Volkswagen is down between 5% and 9%, give or take a bit. BMW is down about the same, Daimler AG went under by 8.2% and Nissan managed -8.1%.

To ensure stable trade, Honda, Nissan or any other company that assembles cars in Britain will try to play by the rules. But sales and/or profits will be hit.

Interestingly, the numbers are suggesting trade with Japan will be even harder hit, though it’s probably not because driving is done on the left side of the road in both countries.

And this could just be the tip of the iceberg. It makes no sense for an already struggling Honda to keep its factory in Swindon, especially as most of the production goes to Europe or, starting in 2017, the US. Events like these do not happen every day or even every decade. The EU’s main priority now will be to discourage other countries from following the British example.
Goodyear 650x85(DSF)

The 2017 GT-R's exterior receives a thorough makeover. The new "V-motion" grille, one of Nissan's latest design signatures, has been slightly enlarged to provide better engine cooling and now features a matte chrome finish and an updated mesh pattern. A new hood, featuring pronounced character lines flowing flawlessly from the grille, has been reinforced to enhance stability during high-speed driving. A freshly designed front spoiler lip and front bumpers with finishers situated immediately below the headlamps give the new GT-R the look of a pure-bred racecar, while generating high levels of front downforce.

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