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JLR Call for “Fair Treatment” on U.K. Brexit Deals
Jaguar Land Rover Ltd. CEO Ralf Speth says his company would expect equitable treatment for all carmakers in the U.K. when the British government negotiates trade pacts with Europe after it exits the EU.
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Jaguar Land Rover Ltd. CEO Ralf Speth says his company would expect equitable treatment for all carmakers in the U.K. when the British government negotiates trade pacts with Europe after it exits the EU.
Speth’s comment is in response to remarks made yesterday by Renault-Nissan CEO Carlos Ghosn, who said Nissan Motor Co. is suspending further investment in its British operations pending the outcome of the British government’s negotiations with the European Union to leave the group.
Ghosn said Nissan would consider reviving investment plans if the British government agrees to compensate the company for any new tariffs that might result.
“We want to have fair treatment and a level playing field,” Speth tells Reuters. The U.K.’s Society of Motor Manufacturers and Traders also has urged the government to resolve uncertainties about the U.K. vote to quit the European Union.
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