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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:
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.
The boss of Nissan, Carlos Ghosn, is holding talks in Downing Street with the Prime Minister Theresa May over the vexed subject of Nissan's future on Wearside post-Brexit.
The company has warned that future investments in the UK were under threat unless the company was compensated by the UK government for any tariffs they might have to pay for exporting cars to EU countries after Britain leaves the European single market.
Latest ITV News reports
The comments from car giant Chief Executive Carlos Ghosn were made following crunch talks on Brexit with Prime Minister Theresa May.
Politics Blog: The ambiguity of Theresa May's public statements are systematic of the political poker game she is attempting to play