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PM: Nissan 'at heart' of UK auto industry

Prime Minister Theresa May Credit: PA

Prime Minister Theresa May says that Nissan is 'at the heart' of the British automotive industry.

The Prime Minister met Nissan chief executive Carlos Ghosn this afternoon at Downing Street, to discuss his demands for compensation due to the increased export costs associated with Brexit.

Theresa May said:

Our automotive industry is a great British success story and Nissan has been at the heart of it. Over the past 30 years they have had an excellent relationship with the UK Government, a track record of investment and innovation, and their Sunderland plant is one of the most productive anywhere in the world - a testament both to their company and the skill of our workforce.

We are now at the start of the complex negotiating process as Britain exits the EU and I have been clear that there will be challenges ahead. But I am confident we will achieve the best deal for Britain and the Government will engage closely with employers and investors as part of our work to create a global Britain.

This Government is committed to creating and supporting the right conditions for the automotive industry to go from strength to strength in the UK, now and into the future.

That's why I was pleased to have met with Mr Ghosn today to discuss our shared belief that Britain remains an outward-looking, world-leading nation in which to do business.

We will continue to work with Nissan as we develop the environment for competitiveness of the automotive industry here in the UK to ensure its success.

– Theresa May


Nissan CEO refuses to answer reporters' questions as he leaves Downing Street

As he left Downing Street this afternoon Nissan's chief executive Carlos Ghosn refused to answer reporters' questions.

Ghosn has suggested the company will halt new investment in its plant in Sunderland unless it can agree a compensation deal with the Government for any adverse financial impact from the UK's decision to withdraw from the EU.

The boss of Nissan held talks in Downing Street with the Prime Minister over the vexed subject of Nissan's future on Wearside.

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