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  • Nissan warned Britain that it's UK operations are at stake as the country tries to strike a trade deal with the European Union.

  • The Japanese carmaker said Wednesday it did not want to see a final deal that leads to higher tariffs on worsens business conditions.

  • Nissan Chief operating officer Ash Wani Gupta said if the transition period ends without a sustainable business case, the company's UK business itself will not be sustainable.

  • Nissan is a major employer in the UK, with 7000 people working at the country's biggest auto plant in Sunderland in north east England.

  • Now Gupta's warning comes is the you told Britain it has fewer than 10 days left to secure a deal that will govern trade from next year.

  • In March, Nissen said it would push ahead with a $69 million expansion at Sunderland to build a new sports utility vehicle.

  • When it first announced the plan in 2016, Nissan said Britain had reassured the automaker that Brexit would not affect its competitiveness.

  • But if there is no deal between the EU and Britain on trade, it could result in tariffs and raise costs for Nissan.

  • Production could also be slowed down by any delay in parts supply from overseas due to new customs checks.

  • There have been media reports about Nissan and Toyota would sue the UK for costs incurred by a no deal.

  • Brexit Gupta denied this on Wednesday, however, but Brexit has proven a sensitive topic for Japanese automaker's.

  • Honda said last year it would close its only plants in Britain because of the decision to leave the EU that saw a loss of up to 3500 jobs.

Nissan warned Britain that it's UK operations are at stake as the country tries to strike a trade deal with the European Union.

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Nissan says tough to stay in UK without Brexit deal

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    林宜悉 posted on 2020/11/18
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