{"id":242235,"date":"2023-11-26T22:36:42","date_gmt":"2023-11-26T22:36:42","guid":{"rendered":"https:\/\/lovemainstream.com\/?p=242235"},"modified":"2023-11-26T22:36:42","modified_gmt":"2023-11-26T22:36:42","slug":"nissan-makes-u-turn-over-brexit-and-insist-uk-will-be-european-base","status":"publish","type":"post","link":"https:\/\/lovemainstream.com\/world-news\/nissan-makes-u-turn-over-brexit-and-insist-uk-will-be-european-base\/","title":{"rendered":"Nissan makes U-turn over Brexit and insist UK will be European base"},"content":{"rendered":"
They have been among the most vocal critics of Brexit \u2013 but now bosses at Japanese carmaker Nissan have talked down its impact.<\/p>\n
There was a \u2018negligible\u2019 effect from leaving the European Union, the firm said, while chief executive Makoto Uchida insisted Britain will remain its European base for \u2018the foreseeable future\u2019.<\/p>\n
Nissan, which had warned about the effect of Brexit on its investment, now says it would not be making a fresh \u00a32billion investment into its Sunderland factory if the UK was not still worthy.<\/p>\n
Mr Uchida added: \u2018I am quite surprised that people here in the UK are asking, \u201cWhy UK?\u201d We have great people and great talent here.\u2019<\/p>\n
Instead, he said, Britons should back the nation\u2019s business credentials more. After the Brexit referendum, there had been fears over the future of Nissan\u2019s Sunderland hub, which employs 6,000 people and supports 70,000 supply chain jobs.<\/p>\n
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Nissan, which had warned about the effect of Brexit on its investment, now says it would not be making a fresh \u00a32billion investment into its Sunderland factory if the UK was not still worthy.<\/p>\n
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After the Brexit referendum, there had been fears over the future of Nissan\u2019s Sunderland hub (pictured), which employs 6,000 people and supports 70,000 supply chain jobs.<\/p>\n
The company\u2019s chiefs warned UK operations would not be \u2018sustainable\u2019 without a trade deal with the EU.<\/p>\n
But last week Nissan announced a multi-billion-pound plan for the North East, including funding for a third major battery plant.<\/p>\n
It also confirmed it will make its latest electric Qashqai and Juke models at the factory, alongside the next generation of the electric Leaf. Mr Uchida told The Sunday Times the investment puts \u2018our Sunderland plant at the heart of our future vision\u2019.<\/p>\n
Alan Johnson, Nissan\u2019s senior vice-president of manufacturing, said the firm had \u2018quickly adapted\u2019 to a \u2018more bureaucratic\u2019 post-Brexit and it would not have a major impact on its prices. \u2018It\u2019s negligible,\u2019 he said.<\/p>\n
Meanwhile, the Government yesterday pledged \u00a350million of newly allocated funding to boost the UK\u2019s battery supply chain on the world stage by 2030.<\/p>\n
Ministers said the battery sector alone could create 100,000 highly paid and skilled jobs in the UK.<\/p>\n