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Stalin and Majeed want to earn quick money through any means possible. However, things take a turn when they cross paths with Padmanabhan and Solomon.

Nissan: the UK factory-still under the threat of non-supply Brexit

Jun 3,2020 11:34 am

Britain's biggest car plant "untenable" if the UK leaves the European Union without a trade-says deal, owner of Nissan.

The Japanese company's global chief operating head of The Bbc said, to understand the people, the EU was the Sunderland plant is the largest customer.

Ashwani Gupta said that Nissan's commitment could not be maintained, if it is not a duty-free EU access.

Nissan has invested billions of pounds in The Plant than 7,000 workers.

His comments come despite the Sunderland side of the survivors This Week , the announcement on the Japanese giant's global restructuring.

Mr Gupta said: "you know, We Are The Number one car maker in the UK and we want to continue. We Are engaged in. Having said that, if we do not always have the current rates, it is not our intention, but The Business will not be sustainable. This is what everyone has to understand. "

Crucial conversations

He also said that you take any plans for the strategic partner, and 43% shareholder Renault, until the free capacity in Sunderland would be a question for the French car maker. The French government has a 15% stake in Renault.

This is not the First Time that Nissan has pleaded with UK and EU negotiators to ensure that the 70% of the cars produced, to avoid the case of Sunderland, which can be sold in the EU, customs duties of 10% in the framework of the World Trade Organisation Rules - the statutory default position that if a business failed.

the talks resumed This Week , with the differences between the UK and the EU is described, which on all sides are so deep and wide.

last week, the EU chief negotiator, Michel Barnier , said the EU would consider a two-year British EU exit-delay, which was dismissed by his British counterpart David Frost , who told MPs the government's policy remains that no extension of the transitional period beyond The End of the year.

in the framework of an agreement signed Last Year , the UK has to decide by The End of this month whether it wants to request such an extension, so that The Coming weeks are crucial.

The comments of Nissan can hopes to dampen triggered, just last week, as The Company said that while it was closing plants in Spain and Indonesia, is committed to Sunderland remained.

An announcement from Nissan-Renault could have an impact on, the European leadership in The Company 's " global manufacturing alliance (including Mitsubishi) with an estimated 20% spare capacity when Sunderland were knocked to the ground, for the foreseeable future of Renault in the last week, as it said it had no current plans for a move to the UK.

China's growth

Mr Gupta confirmed that any decision would be his partners a question for you, and that no such deal has been agreed. "When It Comes to the procurement of manufacturing, every company is the decision on the basis of the competitiveness of The Plant . "

Nissan is a big fan of the Sunderland plant and appreciated the efficiency and diligence of the operation. But it's not confirmed, that was enough to secure his long-term future, when the tariffs were imposed in a market in which it described last week as "non-core". It only has a 3% market share of the car market in Europe.

On a more encouraging note, Mr Gupta, said the recent sales figures from China showed The World 's biggest car market recovered quickly and The Company was winning market share. But vehicles not manufactured for this market in the UK.

It is still possible that Renault could decide to move the production of certain vehicles in Sunderland. But it is difficult to see how a company 15% owned by the French taxpayer might be a possibility that do not work there, where Nissan says the in Sunderland for 40 Years , that you can.

Nissan's comments are a timely reminder that for many important industries, the Brexit issue - has the silence been brought, the of coronavirus-news - in many ways reinforced it.



nissan, sunderland, brexit

Source of news: bbc.com

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