The prime minister blackballed business groups from his keynote speech on the future of EU trade talks yesterday, accusing them of failing to prepare their members for the “reality” of post-Brexit Britain.
The Chairman of @NissanEurope flew to Sunderland to say a no-deal Brexit could eventually lead to the closure of the plant.
11/10/2010
Gianluca de Ficci delivered the starkest warning yet to our Industry Correspondent.
The UK is accused of being ‘asleep at the wheel’ when it comes to industrial policy around new electric car and battery tech.
Alarm raised after Nissan decision to halt expansion of Sunderland car plant.
UK car industry posts worst production figures since 1954 as Brexit and coronavirus take their toll
30/07/2020
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
French oil giant Total SA is relocating a key part of its finance operation from London to Paris less than a month before Britain leaves the European Union.
Japanese car maker Nissan will review its decision to build the Qashqai 4x4 in England if Britain leaves the EU without a deal, potentially leading to the closure of the Sunderland plant, the Financial Times reported.
Nissan Warns no EU Trade Deal Puts future of Sunderland Car Manufacturing Plant in Jeopardy
03/06/2020
Nissan warns its Sunderland plant in the UK would be ‘unsustainable’ without an EU trade deal
Britain's biggest car plant has so far weathered the coronavirus pandemic and a major corporate restructuring. But it may not survive Brexit.
Nissan, Honda and Hitachi were the pillars of an Anglo-Japanese accord dating back to the 1980s. That deal is now in ruins.
Production of four of Nissan's car models in Sunderland fell by 10.7% in 2018 according to SMMT research.
Insisting that all will somehow be well if Brexit goes through now is an abdication of responsibility.
As the prospect of no deal looms, even the promises of aid offered by the May government seem a distant memory.
If no trade deal is reached, cars made in the UK and exported to the EU would be subject to a 10 per cent tariff.
Warning from head of North East England Chamber of Commerce is echoed by other organisations.
Tariffs on exports to the EU would force car maker to move production elsewhere, says.
A no-deal Brexit would cost Japanese carmakers in Britain more than $1bn a year if 10% tariffs were imposed on trade between the UK and EU, new analysis suggests.
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
The UK's largest car manufacturing plant is "unsustainable" if the UK leaves the European Union without a trade deal, owner Nissan says.
Despite assurances given in October that Japanese car manufacturer would continue with plans to invest in Sunderland plant after EU exit. / Nissan said it may “adjust” its business in the UK, depending on how Brexit turns out, potentially jeopardising 7,000 jobs at its Sunderland plant.
Japan's richest man has warned that Brexit is "practically impossible" and could take the United Kingdom back to the economic stagnation of the 1970s when the country was often described as the "sick man of Europe."
Electric car prices set to rise by 10% from 2024: Brexit trade tariff to make them more expensive and delay price parity with petrols and diesels
13/12/2022
Many electric vehicles made and sold in the UK and Europe are set to become more expensive from 2024, which will delay price parity with petrol and diesel cars, it has emerged.
The UK is struggling to build a battery industry—and its new isolation isn't helping.
“The irony is the North East of England swung the vote to leave the EU. They will be the most effected. I believe Nissan cars will soon be non-competitive to EU customers due to import duty. This will effect jobs in the NE not just at Nissan but at all their subcontractors/suppliers.”