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Manufacturing

Warning from Nissan exec that º£½ÇÊÓÆµ business "will not be sustainable" with bad Brexit

Warning from Nissan's chief operations officer has come as Brexit talks have not reached any agreement for the º£½ÇÊÓÆµ's trading relationship with the EU from next year

Workers at Nissan in Sunderland(Image: PA)

A bad Brexit outcome would mean Nissan's º£½ÇÊÓÆµ business “will not be sustainable”, a senior company has warned.

Nissan's chief operations officer Ashwani Gupta has made the warning - which repeats comments by him and a number of other Nissan executives - as doubts rise over whether the º£½ÇÊÓÆµ will get a trade deal with the EU by the end of the transition period in Decemeber.

Europe is the main market for cars made at Nissan's plant and the company would face huge tariffs on cars exported to the EU.

Interviewed by Reuters about a no-deal Brexit, Mr Gupta said: “If it happens without any sustainable business case, obviously it is not a question of Sunderland or not Sunderland, obviously our º£½ÇÊÓÆµ business will not be sustainable, that’s it.”

Mr Gupta’s comments repeat what he said on a visit to the Sunderland plant in March when he said that “if Brexit happens with an impact on our business, the question isn’t about this plant, it’s that our whole business model is not sustainable.”

The Sunderland plant has been boosted in recent months by a decision to leave it unscathed in a Nissan’s programme of global cuts and closures, and by last week’s announcement that the next generation Qashqai would be made at the factory.

But it has lost two models and around 1,000 members of staff since the EU referendum and has been the subject of constant speculation since the Brexit vote.

Prime Minister Boris Johnson has warned that it is “far from certain” that Britain will manage to get a post-Brexit trade deal with Brussels in time for the end of the year.