Nissan to Review U.K. Production in Event of Hard Brexit: Report
London, Oct. 1 (Jiji Press)--Nissan Motor Co. <7201> will review production plans at its plant in Sunderland, Britain, if the country exits the European Union without a withdrawal agreement, the Financial Times reported Tuesday.
The Japanese automaker said in 2016 that it would build the next-generation model of its Qashqai, an SUV, at the plant in northern Britain even after Brexit. But the company has been advancing downsizing efforts worldwide after the fall of former Chairman Carlos Ghosn and amid sluggish global sales, the British newspaper noted.
The Sunderland plant, the largest automobile factory in Britain, produced some 300,000 units of the Qashqai in 2018, or about 20 pct of all automobiles built in the nation in the year.
Losing the model would not only prompt the Sunderland plant to cut many of its 7,000 jobs but also threaten its viability, the Financial Times said.
[Copyright The Jiji Press, Ltd.]