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NISSAN SETS 'HARD BREXIT' COMPENSATION CONDITION

  • Writer: Editor Desk
    Editor Desk
  • Sep 29, 2016
  • 1 min read

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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