Any final exit by Britain from the European Union that worsens business conditions through increased tariffs would threaten the sustainability of Nissan Motor Co's UK operations, the Japanese car maker's chief operating officer cautioned.
Nissan, which employs 7,000 people at Britain's biggest auto plant in Sunderland, north-eastern England, in June urged for an"orderly balanced Brexit". Its latest warning, however, comes as the EU cautions Britain it has less than 10 days left to secure a deal that will govern trade from next year.
Prime Minister Boris Johnson has warned his top ministers that a trade agreement is far from certain, but that Britain would thrive with, or without, a deal. But tariffs resulting from a no-deal Brexit would raise costs for Nissan, while any delay in parts supply from overseas due to new customs checks could slow production.