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Ghosn Soften Brexit Stance
Renault-Nissan CEO Carlos Ghosn has backed away from earlier comments that the U.K.’s vote to leave the European Union could threaten future investments by Nissan Motor Co. in England.
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Renault-Nissan CEO Carlos Ghosn has backed away from earlier comments that the U.K.’s vote to leave the European Union could threaten future investments by Nissan Motor Co. in England.
Last month Ghosn told reporters that Nissan won’t move ahead on further investments in its big Sunderland complex in the U.K. until the government completes negotiations about exiting the European Union. But after meeting with Prime Minister Theresa May on Friday, Ghosn declared himself confident that the British government would make the U.K. “a competitive place to do business.”
Prime Minister Theresa May says the government will “develop the environment for competitiveness of the automotive industry here in the U.K. to ensure its success.”
A source tells Reuters that Nissan will decide by the end of this year whether to continue producing the Qashqai small SUV at Sunderland when the third-generation model debuts. The Sunderland complex, which began building the current Qashqai three years ago, also makes Leaf electric cars, Juke crossover vehicles, the Note small car and the Infiniti Q30 small sport sedan.
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