Nissan's Britain business tough to sustain without Brexit trade deal: COO Gupta

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Nissan's COO Ashwani Gupta said that the UK operations of the Japanese automaker, which employs 7,000 people at Sunderland plant, will not be sustainable without a Brexit trade deal

TOKYO - 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.

“If it happens without any sustainable business case, obviously it is not a question of Sunderland or not Sunderland, obviously our UK business will not be sustainable, that’s it,” Ashwani Gupta, Nissan’s chief operating officer , told Reuters on Wednesday. In March, Nissan said it would push ahead with a 52-million-pound expansion at Sunderland to build its new Qashqai sports utility vehicle.

But tariffs resulting from a no-deal Brexit would raise costs for Nissan, while any delay in the supply of parts from overseas, because of new customs checks, could slow production. “We are absolutely not thinking that and we are not discussing it,” he said. “Our commitment remains, and it will continue as far as our business is sustainable.”Honda Motor, which builds its Civic cars in Swindon in southern England, said last year it would close its only plant in Britain with the loss of up to 3,500 jobs because of the decision to leave the EU.

 

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Yeah... Why lot having the cake, eat it and have the ass of the dairywoman too?!?

Another threat in the week they also confirmed they will build the new hybrid at Sunderland

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