Nissan: UK car industry requires £100 million of government funding to survive Brexit

UK car market

Nissan informed MPs that the UK car market needs the government to spend at least ₤ 100 million ($ 123.6 million) to bring in car part producers to Britain or risk a “house of cards” collapse in the sector post-Brexit. Colin Lawther, Nissan’s head of European production, informed MPs on the International Trade committee that […]

Greg Clark says told Nissan he will emphasize common ground with EU

brexit and eu

The British federal government made numerous assurances to Japanese automaker Nissan prior to recent statement it would construct 2 brand-new models in Britain, company minister Greg Clark stated on Monday. The choice to construct the designs at Britain’s biggest vehicle plant, instead of somewhere else in Europe, was won with exactly what a source referred […]

Nissan wants Britain to pledge compensation

Images of Nissan Tiida

Nissan desires Britain to pledge compensation for any tax barriers resulting from its choice to leave the European Union, or the Japanese automaker could ditch a prospective brand-new financial investment in the nation’s most significant vehicle plant, its CEO stated on Thursday. Carlos Ghosn’s remarks show growing issue about global automakers that Britain could be […]