Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

Carmakers seek assurances from government before future UK investment following Brexit vote

on Oct 1, 2016 | 0 comments

By Gillian West

Nissan and Jaguar Land Rover have demanded guarantees from the UK government over Brexit fears before they commit to future investment in the UK.

Nissan, which operates from Sunderland, wants compensation for any tax barriers it may incur as a result of leaving the EU with boss Carlos Ghosn saying it could not afford to “wait until the end of Brexit” for a deal.

Jaguar Land Rover’s Dr Ralf Speth responded to Ghosn’s comments stating his company would have to “realign its thinking” on investment should Nissan receive the compensation it is asking for as there should be a level Read full story ›

Source: The Drum