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Alarm raised after Nissan decision to halt expansion of Sunderland car 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."
Jonathan Vernon-Smith talks about manufacturing and brexit job losses with Jason J Hunter and Graham 'George' Gudgin.
Hostile immigration policies will do untold damage to the UK’s manufacturing industry. It is baffling that the government is willing to implement such a strategy, says Lord Bilimoria.
“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.”
New Tory MPs have promised to transform the region, but its greatest threat will come in days, when Britain leaves the EU.
Daimler-owned brand looked into using Nissan’s Sunderland plant to manufacture cars
Letter revealing the financial support is finally released – more than two years after No 10 insisted had been no ‘special deal’.
The chairman of Nissan Europe has written to factory staff to confirm it will cancel plans.
Nissan has decided to produce its battery-powered Ariya sport utility vehicle in Japan, rather than in the U.K., the company said Thursday.
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.
The firm, which employs thousands of people in Sunderland, will reportedly make the announcement on Monday.
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 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.
Nissan warns its Sunderland plant in the UK would be ‘unsustainable’ without an EU trade deal
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.
Tariffs on exports to the EU would force car maker to move production elsewhere, says.
Nissan's Chief Operating Officer, Ashwani Gupta, explains that despite Nissan's recent moves, under a No-Deal Brexit (most likely outcome), the Sunderland Plant, on which 34,000 jobs depend, will be unsustainable. / He's saying this 2 June 2020. / Deadline to avoid No-Deal: 30 June.
The UK's largest car manufacturing plant is "unsustainable" if the UK leaves the European Union without a trade deal, owner Nissan 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.
Warning from head of North East England Chamber of Commerce is echoed by other organisations.
Firms including BMW and Toyota warn of potential UK job losses and plant closures.
We are thrilled to have the great MARK GATISS – writer, star of ‘The League Of Gentlemen‘, 'Sherlock' and 'Doctor Who', and five-star unyielding Remainer – as this week’s special guest on Remainiacs. / Why “alternative arrangements” means yet more blind man’s Brexit. Why Labour really fears the Backstop. More on the shameless liar Daniel Kawcynzski MP.