03-02-19, 06:06 PM
Oh well, we are indeed seeing the beginning of the end of major manufacturing in the UK.
What we knew yesterday was that Nissan had reversed its decision to build the new X-Trail in the UK.
Today we know why. BREXIT.
We also now know where the X-Trail will be built. Japan.
Japan now has a free trade agreement with the EU. So, whilst it is strategically preferable to build the X-Trail in the UK, that will only be the case if the UK is in the single market.
Nissan has lost confidence in the UK.
What we knew yesterday was that Nissan had reversed its decision to build the new X-Trail in the UK.
Today we know why. BREXIT.
We also now know where the X-Trail will be built. Japan.
Japan now has a free trade agreement with the EU. So, whilst it is strategically preferable to build the X-Trail in the UK, that will only be the case if the UK is in the single market.
Nissan has lost confidence in the UK.