- Title: Nissan says no-deal Brexit tariffs would be unsustainable for it in Europe
- Date: 10th October 2019
- Summary: SUNDERLAND, ENGLAND, UK (OCTOBER 10, 2019) (REUTERS) VARIOUS OF WORKERS OPENING AND CLOSING DOORS OF VEHICLES ON PRODUCTION LINE VARIOUS OF ENGINEERS WORKING ON THE UNDERCARRIAGE OF CARS MOVING ON PRODUCTION LINE ENGINEER WORKING ON THE ENGINE OF A CAR VARIOUS OF THE SHELLS OF CARS MOVING ALONG THE PRODUCTION LINE FRAME OF CAR TURNING OVER / WORKER STICKING MATERIAL ON CAR PART STACKED AMONG OTHER CAR PARTS WORKER PUTTING PIECES OF CAR FRAME TOGETHER PIECES OF CAR FRAMES BEING STACKED TOGETHER FORKLIFT LIFTING AND CARRYING STACK OF CAR FRAME PIECES WORD 'JUKE' ON BACK OF CAR 'JUKE' LABEL AND NISSAN SYMBOL ON BACK OF DISPLAY CAR VARIOUS OF NISSAN SYMBOL ON FRONT OF DISPLAY CAR SIGN OUTSIDE NISSAN PLANT READING (English) 'NISSAN MOTOR MANUFACTURING (UK) LIMITED SUNDERLAND PLANT)' CAR DRIVING INTO NISSAN PLANT NISSAN SIGN ON EXTERIOR OF BUILDING DISPLAY CARS PARKED OUTSIDE PLANT NISSAN SYMBOL ON FRONT OF CAR CARS ON PRODUCTION LINE
- Embargoed: 24th October 2019 17:08
- Keywords: Nissan no deal Brexit tariffs Sunderland factory production line car manufacturing
- Location: SUNDERLAND, ENGLAND, UK
- City: SUNDERLAND, ENGLAND, UK
- Country: United Kingdom
- Topics: Company News Markets,Economic Events
- Reuters ID: LVA001B0INK93
- Aspect Ratio: 16:9
- Story Text:No-deal Brexit tariffs of 10 percent on vehicles would be unsustainable for Nissan in Europe, where it runs Britain's biggest car factory, the Japanese company warned on Thursday (October 10).
Nissan said it was examining a host of scenarios and wants the tariffs not to be applied if Britain leaves the bloc without an agreement.
The automaker made nearly one in three of Britain's 1.5 million cars last year at its northern English Sunderland plant, although annual production levels at the site will drop this year.
Nissan, which was encouraged by then Prime Minister Margaret Thatcher in the 1980s to use Britain as a gateway to the Continent, has spent 100 million pounds on investment in a new Juke model, due to begin production next week.
The autos sector, Britain's biggest exporter of goods, is concerned that World Trade Organisation tariffs of 10 percent on vehicles alongside new customs checks and delays could halt production if there is a disorderly Brexit on October 31.
(Production: Phil Noble, Sarah Duffy, Lucy Marks) - Copyright Holder: REUTERS
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