Nissan will need to “re-evaluate” its future investment in its Sunderland plant once it sees the final terms of the Brexit deal negotiated by the UK Government, the company’s chief executive said today.
Speaking in Davos, Carlos Ghosn said: "Obviously when the package comes, you are going to have to re-evaluate the situation, and say, okay, is the competitiveness of your plant preserved or not?... We're going to have to make decisions on investment within the next two to three years. So obviously the faster the Brexit results come, the better.”
Julie Elliott, MP for Sunderland Central and leading supporter of Open Britain, said:
“Any questions at all about the future of Nissan in Sunderland potentially threatens thousands of jobs in my constituency and across the North East.
“What this news shows is that the Prime Minister’s speech on Tuesday, saying that Britain will leave the Single Market and Customs Union, was a gamechanger. It will have a real impact on UK manufacturing, putting peoples’ livelihoods at risk. The Government is gambling with the futures of the people of Sunderland.
“The Prime Minister’s decision was a political choice, not an inevitability. She needs to go back to the drawing board and do what is best for Sunderland and for our whole car industry – staying in the Single Market and the Customs Union.”
Phil Wilson, MP for Sedgefield and leading supporter of Open Britain, said:
“What businesses like Nissan desperately need is long-term certainty, and the Government has utterly failed to provide that. This news drives a coach and horses through the Government’s assurances that it had guaranteed Nissan’s future in Sunderland.
“Jobs in the North East and across the country are at risk. The Government must rethink its foolish choice to pull Britain out of the Single Market, and do whatever it takes to keep manufacturing jobs in Britain.”
Notes to editors:
Carlos Ghosn’s comments are reported here: http://uk.reuters.com/article/us-britain-eu-nissan-idUKKBN1541T3.