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Honda will close its only British automobile installation in 2021, but says it's not Brexit's



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Honda plans to close its only plant in the UK, the European Union said it would fight back in a trade war with the US, Carlos Gos is preparing for a lawsuit, General Motors puts his money where his jeeps are, and McLaren stands of your thinking against SUV. All this and still on Morning Shift on Tuesday, February 19, 2019.

1st Gear: Honda plans to leave UK production

We are now about a month away from Britain, leaving the European Union Honda just confirmed the date of the expiration of 2021 of its only UK plant in Swindon – along with the loss of up to 3500 jobs, according to Reuters. But Reuters reports that Honda has said the decision is definitely not related to Brexit at all, despite the convenient moment.

Instead, Honda said the closure is more about the fact that the company has not done so well in and wants to focus on the production of vehicles where most of them are sold.

But the announcement time, just 38 days before Brexit, comes amid deepening Japanese corporate worries.

"This decision was not informed by Brexit," said Honda CEO Takahiro Hachigo.

"We had to consider the increase in electrified vehicles and the different speeds in which electric vehicles will be used in North America and Europe."

Honda, which is building its civilian car in the UK and Turkey, said it would stops making the model in both countries, the announcement comes a little over two weeks after Japanese carmaker Nissan canceled his decision to build a new SUV in the UK

The Swindon plant is a major part of the production of cars in the UK as Reuters reports that it is responsible for 10% of cars built in the country.In 2018, history says Swindon has built 160,000 vehicles

This makes shutting a "devastating solution to Swindon and the United Kingdom, "said British Business Secretary Greg Clarke and Reuters reported that United's largest union, said it would [2] Gear: The European Union says it will blow back if the US puts it rates of imported vehicles

At the jubilant events in the world The European Union said it will sit just grab it if the US placed tariffs on imported vehicles. And remember: We, the consumers, eventually pay the cost of taxes, tariffs and trade wars. Reuters reports that the US Department of Commerce sent to President Donald Trump recently could pave the way for tariffs of up to 25% on imported cars and parts, defining them as a threat to national security. As the report is not public, Reuters reports that exporters such as Germany, Japan and South Korea do not know what is coming. But while the story says Trump has promised European Commission President Jean-Claude Juncker, he will not impose tariffs for and Juncker said he believes The EU seems ready to repel, if it does not follow the plan.

From Reuters: "Trump has told me that for the moment there will be no car tariffs. I consider this commitment to be something you can rely on, "Juncker told the German daily Stuttgarter Zeitung in an interview. He did not specify when Trump promised

Juncker added that while Trump introduces tariffs for European cars, the EU will react immediately and will not feel obliged to stick to its promise to buy more soy and liquefied gas from the United States.

Bloomberg cites the Ifo Institute stating that 25% tariffs can reduce German exports to the US by 50% and total European exports by 7.7% . 19659014] The automobile dispute follows American tariffs for imports of steel and aluminum in Europe, which have the same justification for national security. The bloc canceled the imposition of a EUR 2.8 billion duty on imports from the US ranging from Harley-Davidson Inc. to the jeans of Levi Strauss & Co.

United States. European car tariffs would have markedly escalate tensions in the Atlantic because the value of EU automotive exports to the US market is about 10 times higher than the steel and aluminum exports to the bloc. As a result, European counterparts will target a larger volume of US exports to Europe

25% of the US foreign car tax will add 10,000 euros to the price of the European car sticker imported into the country, according to the Commission . This will particularly affect German brands such as Volkswagen, Porsche and Mercedes-Benz.

Bloomberg reports that a 25-percent tariff will add 10,000 euros, or 11,300 dollars at current exchange rates, to the sticker of imported European vehicles, according to the European Commission.

Carlos Gos is still imprisoned for his financial abuse claims in November and has been denied on bail by his former law enforcement team. this year and the potential to get up to 10 years in prison, reports Bloomberg, he repairs his legal team and is preparing for a fight.

Ghosn, who previously headed Renault ] and was chairman of both Nissan and Mitsubishi, went to jail after Nissan's financial violations. The issue sparked a lot of tension in the Renault-Nissan-Mitsubishi alliance, but Renault, holding Ghosn as CEO long after Nissan and Mitsubishi fell, even claimed he had recently found evidence of financial disturbances.

But for Goshen, it is time for a legal battle. Bloomberg reports that with a legal system in Japan against which he has a 99% conviction Gosn has fully recast his legal team last week, adding a lead lawyer nicknamed "The Razor." [19659908] He replaced a group led by former local prosecutor Motonari Otsura with a supervised Juni Chicoro Girona, who is known for his aggressive tactics to protect popular clients like a former bureaucrat accused of corruption. Hironaka will hold his first press conference as Ghosn attorney on Wednesday. "Otsuru is miscast because he is not a kind of attorney who will take a stand against prosecutors and probably can not maintain a relationship of trust with Ghosn," said Nobuo Gohara, a lawyer and a former prosecutor in Japan. "Girona is a kind of lawyer who will fight prosecutors' charges."

Gos's defense team included Takashi Takano, who was a member of Aum Shinriko's culture for the Sarin 1995 assault in Tokyo. a protector quoted by Bloomberg, Nobuko Otsuki, called Takano and Hironaka "all-stars."

4th Gear: GM Invests $ 36 Million in Future SUV Production in Michigan

Most of Motorcycle News recently talked about how many plants are closing down and jobs are shrinking, but Detroit Free Press reports that the company invests $ 36 million at its factory in Lansing This is right along with GM's idea of ​​investing in the future – or at least the present as crossovers and jeeps are what people want now. Pl Met has built both the Chevrolet Traverse and the Buick Enclave SUV and the Freep reports that were opened in 2006, is GM's newest factory and has about 2600 employees. The recipient of multiple GM investments over the years, according to Freep:

The investment comes because GM this year is idling five of its other factories in North America, affecting 6,200 jobs as part of a restructuring plan , which includes removing a total of 8,000 white collar jobs, through redemptions, contractors, and involuntary redundancies.

UAW praised the investment.

"UAW Local 602 membership is under the exclusive leadership of UAW Region 1D Director Gerald Carrie and they applaud this investment on behalf of the entire workforce and community," said UAW Vice President Terry Dites. "Delta Township builds world class Chevy Traverse and Buick Enclave. We at UAW look forward to more investments like General Motors so they can build where they sell. "

Since 2009 GM has invested more than $ 600 million in the plant. In 2015, GM said it would invest $ 5.4 billion in improvements to the US headquarters in the next three years.

GM's chief executive, Marry Barra named the important Traverse and Enclave products in the "growing portfolio of crossovers," said the investment would help "prepare the plant for future crossover production." [19659018] Do you know how in the movies Terminator the human population fraction still struggling with the inevitable robot takeover is appropriately called "Resistance"? Well, McLaren is the resistance in the automotive industry – still fighting the inevitable takeover of crossovers and jeeps. While the Lamborghini and Ferrari have entered the SUV attack and their mass appeal, and while Bugatti discusses his place in this world, McLaren has not yet crashed. He said he would not make an SUV earlier this year, last September, and, again, this month.

"I can easily respond to that and say," says Mark Roberts, head of McLaren Automotive's design operations. "We really achieve the best driving experience. For us this does not mean compromise. An SUV does not allow us to do that. This is not an uncompromising vehicle. "

McLaren is the resistance. For how long it is, it remains to be seen.

Conversely: Past winners of Daytona 500

This is mid-February, which means that at this time of the year there were several winners of Daytona 500. On February 19, 1978, 1984,
1995 and 2006, NASCAR's biggest race was Bobby Allison, Kale Yarborough, Darryl Waltrip, Sterling Marlin. 19659009] and Jimmy Johnson.

Neutral: Do you think McLaren will give?

If so, how long will it be?


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