Nissan's CEO has said the automaker would review its position on UK investment once the UK government makes clear its Brexit terms.
Carlos Ghosn told Reuters in Davos Nissan would reconsider the group's investment strategy once Brexit details are clear. The UK government has said it will trigger the two-year process for exiting the EU by the end of March.
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"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?" Ghosn told Reuters.
Ghosn, who also heads Nissan's alliance partner Renault added he trusted and assumed that British prime minster Theresa May's government would ensure that Sunderland remained competitive whatever the final outcome of Brexit talks.
He added: "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."
Reuters noted May's Conservative government has always rejected opposition demands it publish the "letter of comfort" written to Ghosn by business secretary [minister] Greg Clark.
