Aston Martin CEO Andy Palmer has described the government’s strategy for Brexit as “laughable”, its EV-focused policy as "non-sensical" and the idea of full autonomy reaching reality in his lifetime as "absurd".
Speaking at the Driving the Future event in London, backed by Aston Martin, Palmer also admitted that the certainty of a No Deal Brexit this year would be preferable to the current uncertainty of negotiations with no clear outcome dragging on.
Palmer on Brexit: 'I'd rather leave with No Deal than drag negotiations on'
Having planned for Britain to leave the EU at the end of March and again now at the end of October, Palmer believes that clarity would likely be more beneficial to Aston Martin than extending negotiations, even if the latter offered the prospect of better business conditions in the long-term.
“Every time we have to prepare to leave it ties up working capital and brains on something that may or may not happen," he said. "The car industry has proved itself very adaptable, from dealing with tsunamis in Japan to currency problems in Russia, but the issue with Brexit is we don’t yet know what problem we are trying to solve.
“First and foremost I think we now need certainty. I think business was pretty clear that it would prefer a deal with free trade with Europe, and it is true we are looking at a cliff-edge without one, but at this stage a decision is better than no decision.
“It’s not great, but we have modelled No Deal and run the scenarios. What we find harder to work with is goalposts that keep moving every six months. We need an outcome, and the truth is that we have debated our negotiating tactics in public, while the EU27 have worked with consensus and executed their negotiations brilliantly. Our Brexit strategy has been laughable.”
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lamcote
Very well said
At last someone is talking sense, hopefully the govt might eventually listen, although I won't hold my breath.
Politicians are always sticking their noses into stuff they don't understand, unfortunately it's because they aren't capable of doing their real job.
Symanski
Brexit.
Sounds that his more frustrated by the politicans behind Brexit with their indecision that actually wanting a no-deal.
He's already stating that no-deal is dreadful for Britain. Even a deal-Brexit is bad for Britain. And for the automotive industry not knowing what and for when you're planning the worst.
So planning for Brexit harms Britain. And every version of Brexit harms Britain. Why don't we do the sensible thing and stop this self-harm and Stop Brexit?
lambo58
It's alright
It's alright
Us Brits are just also rans and always will be
Batteries.
Pointless making our own or developing them, we cant possibly catch Tesla
Just buy their batteries for our cars
Simples
Bill Lyons
Maybe this is the answer?
Autonomy with a perpetual supply of green energy!
www.youtube.com/watch?v=dQ6vBGRYxr8
Hughbl
It's hard to fault anything
he says. Our political system - and lack of strategic thinking - is a shambles. Where is the vision, from any party, for the future?
DouglasR
He is on the money
I was privileged to be invited to attend the conference on Driving The Future where Andy spoke to the audience in a very casual, frank and open manner.
In my 40 years in the automotive space I have meet a few people who I consider to be business changers, but Andy is head and shoulders above most. He is passionate about Aston Martin Lagonda in a way an entrepreneur is about their business. It is not the flannel you get normally, he speaks from the heart with passion for his company and team.
We need more Andy’s in the automotive space, who just tells it as it is. Under his leadership I am convinced he will make Aston Martin Lagonda a great company and a great asset for the UK.
Keep it up Andy.
Technomad
Well, he’s right up there
Well, he’s right up there with the (now ex-) CEO of BMW, demonstrating that, magnificent though their ICE cars are, he has no more idea of technology ramp-up or disruptive change than the dinosaurs had of astrophysics. Sorry fella, with an attitude like that, you and your venerable company will become a mere footnote in the history of change.
lambo58
Totally agree
Totally agree
speculatrix
Technomad wrote:
Indeed, if he thinks diesel is a good idea, he's living five years in the past. Maybe he should go and work for Morgan, if he wants to avoid the future!
eseaton
Absolute sense from Andrew
In complete contrast, last year Autocar told us there would be fully autonomous flying taxis next year.
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