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Should we be concerned about this year’s drop in car sales?

Summary:
FT Alphaville regrets to inform you that Brexiteer John Redwood, Conservative Member of Parliament for Wokingham, has tweeted again: Where to start with this?First up, there’s the issue that Mr Redwood appears to be alluding to: namely reports that Nissan will look to shutter its Sunderland car plant if we leave the EU without a deal. Reports, we should note, that Nissan has just pushed back on, according to the FT’s auto egghead “Piston” Pete Campbell.However, as Piston notes, the “long term future of the plant still hinges on the Brexit outcome”. So Project Fear -- a term which is generally used by pro-Brexiteers to dismiss worries over the UK post-Brexit -- might just be onto something.Yet what caught our eye was Mr Redwood’s second and third sentences. He points

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FT Alphaville regrets to inform you that Brexiteer John Redwood,...

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

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