Black cab builder LTI is to stop manufacturing parts at its Coventry plant, resulting in a loss of 60 jobs.
Instead, the parts will be made in Shanghai and shipped to the UK before being assembled at the Coventry base.
The company has blamed the decision on heavy losses in 2009.
LTI’s parent company, Manganese Bronze, lost £7.3 million last year.
It is estimated the change will save the company up to £4 million.
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Re: Black cab firm's Shanghai move
Too right - get 'em ground down, I say ;-)
I have no problem with the wonderful benefits these things bring us. However:
1) It is not a level playing field
2) Judging by the size of the debt mountain we're at the top of, we can't afford them
3) In 100 years time when our future offspring are learning Cantonese history at school, someone will be complaining about the way we just gave everything away and didn't see it coming...
Oh, and add Global Warming to the other thing that the Chinese don't give a stuff about.
Re: Black cab firm's Shanghai move
I know, it's dreadful to give the plebeian masses anything isn't it? The sooner we revert to subjugating the workers in Europe to toothless, malnourished, rightless automotrons, the better quite frankly.
Thank god China lights the way.
What do you reckon Straff?
Re: Black cab firm's Shanghai move
A round of applause for the EU and this Government!
(Cheering and whooping)
Thank you for your maternity pay, paternity pay, adoption leave, Health and Safety Legislation, Human Rights, extended holiday, compulsory 48 hour week, crazy employment laws, minimum wage, various ridiculous taxes etc.etc.
I don't know what we'd do without you - we'd certainly not be doing as well otherwise!
Chairman Mao
PS - give us a couple of years and we might as well just build the things for you and ship 'em over.... Shhhhhhhh.....