Nissan could put the brakes on UK investment

Posted on 30 Sep 2016 by Fred Tongue

Nissan president and CEO Carlos Ghosn presenting the Nissan IDS concept self driving vehicle at the 44th Tokyo Motor Show on 27 October, 2015

The boss of Nissan has warned that uncertainty over Brexit and the possibility of tariffs could deter further investment from the company.

Nissan chairman and CEO, Carlos Ghosn has said that if a tariff was introduced following Brexit then the firm would need “compensation”. Ghosn also stated that the planned investment of £100m at Nissan’s plant in Sunderland would be put on hold until Brexit negotiations are concluded.

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