Nissan needs guarantees over Brexit impact

Nissan may demand compensation for any tariffs imposed after Brexit deal. The japanese car manufacturer, which Sunderland's plant is active since 1986, warned that could scrap investment unless Britain promised to pay compensation for any tax barriers resulting from Brexit negotiations.

At the Paris Auto Show, Ghosn said to reporters: “If I need to make an investment in the next few months and I can’t wait until the end of Brexit, then I have to make a deal with the UK government. If there are tax barriers being established on cars, you have to have a commitment for carmakers who export to Europe that there is some kind of compensation.”

Specifically on whether the company would continue making cars in the UK, Ghosn said: "We would like to stay. We're happy, we have a good plant, which is productive but we cannot stay if the conditions do not justify that we stay." But Nissan's boss warned "If these kinds of principles are accepted we can go ahead because it will neutralise some of our concerns".

Nissan's plant in Sunderland is the largest car factory in Europe, with a production capacity of around 500,000 cars per year and employs about 6.700 workers, who make different models as the Juke, Qashqai and Leaf. However, the city voted overwhelmingly in favour of Brexit, with 61% of voters siding with the Leave campaign.