Friday, 8 February 2019

UK CAR INDUSTRY SUFFERS FROM CLIMATE CHANGE POLICIES

This piece looks behind the decision of Nissan not to build its new diesel model here in the UK. Why would Nissan want to invest in diesel cars when the government policy is to phase them out in the not too distant future. As the article says, it is little surprise that potential buyers of diesels are thinking twice, nervous of punitive taxation, congestion charging or even outright bans from city areas. Even if these threats may not be imminent, there is still the worry about residual values.

It is strange how the government has become schizophrenic about industry. On the one hand they want to encourage jobs, while on the other they are bringing in costly job-destroying climate policies. The stresses are starting to get stronger. 

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