No-deal Brexit could put Nissan's European operations at risk

Posted On: Oct. 11, 2019 6:02 AM CST

Gianluca de Ficchy, chairman of Japan-based Nissan Motor Co. Ltd.'s European arm, said that a no-deal Brexit could put Nissan Europe's operations at risk, ShareCast reports. Mr. De Ficchy said that a no-deal Brexit would lead to the World Trade Organization imposing a 10% tariff on exports, which would threaten the future of Nissan's Sunderland plant in the United Kingdom.