This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-24859486
The article has changed 7 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Nissan boss warns UK over possible EU exit | Nissan boss warns UK over possible EU exit |
(about 9 hours later) | |
Nissan will reconsider its investment in the UK if Britain leaves the European Union, chief executive Carlos Ghosn has told the BBC. | |
He was speaking at the launch of the company's new Qashqai model. | He was speaking at the launch of the company's new Qashqai model. |
It will be built in Sunderland, where Nissan employs 6,500 workers. | It will be built in Sunderland, where Nissan employs 6,500 workers. |
Prime Minister David Cameron has promised a public vote on EU membership in 2017 if the Conservatives win the next general election in 2015. | Prime Minister David Cameron has promised a public vote on EU membership in 2017 if the Conservatives win the next general election in 2015. |
When asked how Nissan would react if the UK was to leave the EU, Mr Ghosn said: "If anything has to change we [would] need to reconsider our strategy and our investments for the future." | When asked how Nissan would react if the UK was to leave the EU, Mr Ghosn said: "If anything has to change we [would] need to reconsider our strategy and our investments for the future." |
But he also added that he considers the exit scenario to be unlikely. | But he also added that he considers the exit scenario to be unlikely. |
Nissan 'blessed' | Nissan 'blessed' |
Praising the Sunderland plant, Mr Ghosn said it was one of the most productive in Europe and said Nissan was "blessed" to own it. | Praising the Sunderland plant, Mr Ghosn said it was one of the most productive in Europe and said Nissan was "blessed" to own it. |
With sales of more than 240,000 last year, the Qashaqi is Nissan's best-selling car in Europe. | With sales of more than 240,000 last year, the Qashaqi is Nissan's best-selling car in Europe. |
The car accounts for more than half of the output of the Sunderland plant and Mr Ghosn says the new model "ensures" a lot of jobs in the city. | The car accounts for more than half of the output of the Sunderland plant and Mr Ghosn says the new model "ensures" a lot of jobs in the city. |
European market | European market |
Mr Ghosn, who is also chief executive of Nissan's sister company Renault, says that after five years of decline the European car market is arriving at "the end of the tunnel". | Mr Ghosn, who is also chief executive of Nissan's sister company Renault, says that after five years of decline the European car market is arriving at "the end of the tunnel". |
He says that next year the European market should be stable with possibly a little growth. | He says that next year the European market should be stable with possibly a little growth. |
Action by the European Central Bank, including Thursday's cut in interest rates, could help that recovery according to Mr Ghosn. | Action by the European Central Bank, including Thursday's cut in interest rates, could help that recovery according to Mr Ghosn. |