Nissan warns on EU withdrawal

nissanQCarlos Ghosn, chief executive of Nissan and its sister company Renault has told the BBC that he will reconsider the Japanese car maker’s investment in the UK if Britain leaves the European Union. However, he added that he considered that scenario to be unlikely.

He was speaking in Sunderland, where Nissan employs 6,500 workers in what is reckoned to be Europe’s leanest and most efficient car plant and on the day the company unveiled its new Qashqai model (pictured)‘reinventing’ the pioneer crossover car it launched seven years ago.

When asked how Nissan would react if the UK were to leave the EU, Mr Ghosn said: “If anything has to change, we [would] need to reconsider our strategy and our investments for the future.”

Mr Ghosn praised the company’s Sunderland plant as one of the most productive in Europe and told the BBC that Nissan was “blessed” to own the plant where the Qashqai – which is Nissan’s best-selling car in Europe with sales of more than 240,000 last year – accounts for half the output. The new model “ensures” a lot of jobs in the city, he added.

More than a dozen years ago, Ghosn had put pressure on the UK to adopt the euro.

Copyright Ken Hurst 2013


About Ken Hurst

Ken Hurst began his career as a journalist in London over 30 years ago, working on a range of publications before moving on to weekly newspaper production in the newly-independent Zambia of the 1970s. He returned to the UK where his work included spells on newspapers and magazines, before moving to head up Norwich Union’s corporate affairs division. In the 1990s he moved on to freelance, co-own and publish the B2B audio magazine Sound and front the BBC radio Yesterday’s Papers programme. There followed six years as Business Editor at Britain’s biggest selling regional daily newspaper, The Eastern Daily Press, where he led an award-winning team and for whom he still writes a weekly socio/political comment column. Subsequently, he was Group Editorial Director at CBM, responsible for its UK and US magazine output – including The Manufacturer magazine – research-driven industry reports and live events content. Currently he is Contributing Editor at Works Management magazine publisher Findlay Media and Chairman of the consumer publishing house TNT Multimedia Ltd. He is a Fellow of the Royal Society of Arts and of the British Association of Communicators in Business.
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