Editor Desk

Sep 29, 20161 min

NISSAN SETS 'HARD BREXIT' COMPENSATION CONDITION

Nissan wants Britain to pledge compensation for any tax barriers resulting from its decision to leave the European Union, or the Japanese automaker could scrap a potential new investment in the country's biggest car plant, its CEO said on Thursday.Carlos Ghosn's remarks indicate growing concern among global carmakers that Britain could be heading towards a so-called 'hard Brexit', which would leave them paying tariffs to export UK-assembled cars to EU markets.

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