Re:UK votes to leave EU
by generj on Friday June 24, 2016 @02:18AM
(#11967116)
Not really. German politicians can just play up the betrayal card - UK leaving means the Germans are now left holding the bag even more for the EU. Germany has a strong economy and this will not affect its fundamentals that much.
[ Parent
| on HN ]
Except the German economy is driven by cars. We import 1/5 of all German cars.
Re:UK votes to leave EU
by guitarbill on Friday June 24, 2016 @03:26AM
(#11967483)
Have fun paying import tax on those. Maybe it'll be a good thing for UK car manufacturers. Although I'm struggling to name any.
Then German car sales will fall, and workers will be fired?
Have you ever been in a modern German car factory? Nowadays there are huge buildings, spotlessly clean with tons of robots assembling cars.
Occasionally you see someone sitting around reading the newspaper and drinking coffee, ready to jump into action should something go wrong. The times where the industry consisted of huge factories filled with blue collar workers assembling cars by hand is long over.
The industry has two years to focus on other markets to export to. There might be some impact but it won't be catastrophic or lead to massive job loss.