Nissan becomes latest manufacturer to warn against hard Brexit
Stop dancing and start listening to what industry are telling you:
https://www.theguardian.com/business/2018/oct/04/nissan-becomes-latest-manufacturer-to-warn-against-hard-brexit
[today] The Japanese carmaker Nissan has warned the government that serious disruption will be caused to its huge manufacturing operation in the north-east of England if the UK fails to secure a deal with the EU that avoids a hard Brexit.
< that's no just no deal, it's any kind of hard Brexit >
Carlos Ghosn, the chair of Nissan, has described its British operations as “a European investment based in the UK”,
which employs almost 8,000 people, mostly at its factory near Sunderland. A further 30,000 people are employed in UK companies supplying Nissan.
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Colin Lawther, a Nissan executive, told the House of Commons international trade committee in February 2017 that tariffs would add £500m to the plant’s costs, which it might not survive, and that long delays of parts at borders would be a disaster for the operation.
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In a statement to the Guardian authorised by the main board in Japan, Nissan said:
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"Today we are among those companies with major investments in the UK who are still waiting for clarity on what the future trading relationship between the UK and the EU will look like.
As a sudden change from those rules to the rules of the World Trading Organization will have serious implications for British industry,
we urge UK and EU negotiators to work collaboratively towards an orderly balanced Brexit that will continue to encourage mutually beneficial trade.”
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Senior executives at Toyota, BMW and the PSA Group, which owns Vauxhall, have all warned this week that they are likely to reduce their operations in the UK in the event of a hard Brexit.
In September Ralf Speth, chief executive of Jaguar Land Rover, warned the prime minister that its operations faced grinding to a halt
and that “tens of thousands” of jobs in the industry could be lost.