Nissan claims Brexit gave it competitive edge on vehicle battery tariffs


However, the plant could almost double production from its pre-Covid levels of 320,000 to 350,000 cars a year if there is enough demand in future, Mr Gupta said, with the firm expected to win market share from imported rival marques as their sales dip amid increased red tape.

It means 6,000 jobs at the plant and 70,000 in the supply chain around the North East are safeguarded.

Seven in 10 of the cars made in Sunderland are exported, according to Nissan, and most of these are sold in European Union countries.

"Sunderland is one of the top three plants in the world for competitiveness for Nissan".

Chief Operating Officer Ashwani Gupta also said Brexit-related problems at ports since Jan 1 were "peanuts" for Nissan, which has had to handle COVID-19 and natural disasters.

The news came as Nissan paused one of its two production lines on Friday as disruption at ports caused by the pandemic affected its supply chain. "We are committed to Sunderland for the long term under the business conditions that have been agreed".

Work on its Qashqai crossover SUV and its electric Leaf vehicle has been held up by disruption to supplies caused by the coronavirus restrictions but it expects to be back to normal production next week.

Business Secretary Kwasi Kwarteng welcomed the firm's endorsement of Sunderland as a manufacturing base.

Hailing Nissan's decision as fantastic news, British Prime Minister Boris Johnson called it as "a great vote of confidence in the UK".

A senior diplomat who attended the meeting with Barnier said that the EU's most recent proposal on the fisheries sector was the latest and added that regulatory concerns still remain about production patterns and state aid to ensure fair competition for companies Huh.

Carlos Tavares, who heads the new Stellantis holding company for Fiat Chrsyler and Peugeot Citroen, said that the future of its Ellesmere Port plant depended on support from the United Kingdom government ahead of the ban on sales of new petrol and diesel cars after 2030.

The EU is Britain's largest trading partner. We'll take this opportunity to redefine the auto industry in the UK. In the four years since it has averaged around £1bn - a fall of 71% at a time when the technology and map of auto production are going through their biggest revolution since the vehicle was invented.



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