Thursday, February 08, 2018
Are cars as boring as politics? Nobody knows but secretly I like both as guilty and stupid pleasures. Word has it that the US car building industry is about to collapse, not enough proper buyers, too many leases and stagnation, 60% of the car loans/leases are regarded as sub-prime. You know what that means...a deep shit filled hole may be ahead, one that the UK and European markets will follow American markets into. Add to that the prolonged chaos of Brexit and the reliance we've placed on non UK manufacturers for the industry here and we're headed for a fine mess.
I think I've only ever owned three British built cars; a Wolseley 16/60 a Rover 100 and a Mini Cooper (but the Mini was built by BMW and had a Brazilian engine so not sure it really counts). Yeah, British built cars, so near and yet so far, no major players survived the 80s really. They just couldn't compete with Japanese, Germany, French and Italian imports and when the Koreans got involved that was it. We in the UK just suck at building and marketing but strangely we design and develop well...but it's all history now. So much for loyalty, customers couldn't stay with the home grown rusty and unreliable motors and chose the (foreign isn't a good word anymore) more attractive rusty and unreliable options from elsewhere.
Once Brexit happens none of this shit will matter, we'll all be back to bikes and powered skateboards from China because no one will have the cash to buy a BMW or a Honda or fuel it up to run it. We'll be on our royal arses. So petrol or electricity? Makes no difference when you're down.