Vauxhall

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Japanese carmaker Nissan has warned that a no-could Leak out of a deal to make its European business model is not sustainable.

Nissan said the European Chairman, Gianluca de Ficchy, if a 10% export tariff was introduced after the United Kingdom left the EU, it would bring its operations to an "in danger".

This would be the case if the UK rules are moved to the World Trade organization (WTO), after Brexit , he said.

He spoke at Nissan 's plant in Sunderland,

said The Japanese company that it had invested £100m in the plant, which also makes the Qashqai and electric Leaf models.

Mr de Ficchy said to build Nissan is still intended, in Sunderland, the UK's largest car plant, But it was difficult to plan for The Future against the Brexit uncertainty.

The new Juke has been designed and manufactured in the UK, specifically for the European market, which is determined by a two-thirds majority of its components from the EU and 70% of the production, for The Continent .

Nissan employs 7,000 in Sunderland, also has operations in Spain.

Mr de Ficchy said, the cost of the relocation would mean the rules of The Wto , the "entire business model for Nissan Europe in danger".

Mr de Ficchy said that if duties were applied after a no-would be outlet deal UK EU-it is "a huge problem"

The Car industry in the UK is the largest exporter of goods and eight out of every 10 cars built in Britain are exported.

in an interview with the BBC, Mr de Ficchy said: "We know what a no-deal means.

"There are a lot of alternatives, and today there is a lot of uncertainty.

"the only message that I can [give] that, if a no-deal will create in connection with the application of the 10% of obligations arising from The Wto rules, which is a huge problem for the entire European activities of Nissan in Europe.

"If we have to sustain a 10% export duties on the vehicles that we export from the UK to the EU, knowing that these vehicles represent 70% of the total production, the entire business model will not be sustainable.

"It's not A Question of Sunderland, it is A Question of the economic sustainability of our company [in Europe]. "

He said not to be imposed on the company, for the rates if it is a no-deal-UK to exit the EU.

"We do not ask for customs duties to be applied in a no-deal scenario, because, otherwise, the tariffs, he said to be sustainable for us,".

A spokesman for The Department for economic Affairs, energy and industry policy, said: "We continue to work closely with the industry as you get ready for Brexit on the 31. October . "

Nissan has a global workforce of 7,000 employees at its factory in Sunderland

On Wednesday, - But Mr Ficchy said this was not the result of the UK's EU.

Other automakers have warned about the impact of Brexit on your business, not only because of the cost of the tariffs, But the potential for a slowdown in production caused by the new customs checks after the UK leaves the EU.

The industry is working on a "just-in-time" model, the construct relocation of parts around the EU, the cars, the plants on the 28-nation Block.

in the Last month, Carlos Tavares , Chairman of PSA - car group, the owner of Vauxhall , in comparison with a no-deal-UK EU-emission to a head-to-train-crash.

He has previously warned that the Vauxhall plants in Ellesmere Port and Luton were the outlet under the threat of a British EU.

In June, the PSA group announced plans to build a new version of the Vauxhall Astra at its plant in Ellesmere Port in Cheshire.

The industry is also Under Pressure , with fewer diesel cars purchased, and emissions standards presents challenges for automotive manufacturers.

In February, announced Honda the closure of its Swindon plant, But said it was nothing to do with the UK's EU-exit.

car industry, economic effects of brexit, european union, nissan, sunderland, brexit

Source of news: bbc.com