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Do the maths yourself.
Nissan sells across Europe.
70% of the cars made in the Sunderland factory go to other EU countries.
If Brexit makes cross-border trade more expensive, basing its factory here means 70% of its cars face a cost. If it moved to e.g Frankfurt only 30% would.
Nissan sells across Europe.
70% of the cars made in the Sunderland factory go to other EU countries.
If Brexit makes cross-border trade more expensive, basing its factory here means 70% of its cars face a cost. If it moved to e.g Frankfurt only 30% would.
So, if it becomes more expensive for Nissan to keep its factory here in the long-term, what does that do to the 35,000 people across the North-East whose jobs and families depend on that factory?
It's not just Nissan. Derby's Toyota plant send NINETY PERCENT of its cars to mainland Europe. The maths there is pretty straight forward.
AND they've already got factories on the mainland ready to expand if needed.
eastmidlandsbusinesslink.co.uk/mag/manufactur…
AND they've already got factories on the mainland ready to expand if needed.
eastmidlandsbusinesslink.co.uk/mag/manufactur…
