"Krieger (@FSKrieger22)" (Krieger22)
07/31/2016 at 01:06 • Filed to: None
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"Krieger (@FSKrieger22)" (Krieger22)
07/31/2016 at 01:06 • Filed to: None | 0
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!!!error: Indecipherable SUB-paragraph formatting!!!
. This is due to the pound tanking against the US dollar and increasing operations costs.
Back in control indeed.
Birddog
> Krieger (@FSKrieger22)
07/31/2016 at 01:20 |
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Pioneering risks losses.
Oh! You just died of Dysentery.
Chinny Raccoon
> Krieger (@FSKrieger22)
07/31/2016 at 04:50 |
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According to brexiteers there can’t be any negative effects as brexit hasn’t happened yet. Forward planning is clearly not their stong point.
nermal
> Krieger (@FSKrieger22)
07/31/2016 at 08:58 |
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....wouldn’t a stronger dollar-to-pound rate be better for Ford to manufacture there? Or am I missing something?
bhtooefr
> nermal
07/31/2016 at 09:18 |
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The problem would be if the plant has to import things from elsewhere - the exchange rate only helps if the raw materials are local.
Also, as the article says, the engines are being produced for cars produced in Europe, so the pound vs. the Euro matters, too.
And, there may be import duty issues in play, too, due to the UK being pushed out of the single market.