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Nissan cancels investment plan for UK plant, cites uncertainty after Brexit

Nissan had announced in 2016 that it planned to build the X-Trail SUV in Sunderland.

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A clean Brexit means that the UK will have to go back to the World Trade Organization and then set up from zero. (Photo: Reuters)

Reuters London
Japanese car manufacturer Nissan announced Sunday it was cancelling plans to build its X-Trail SUV at its plant in northeast England despite Brexit assurances from the government.

"While we have taken this decision for business reasons, the continued uncertainty around the UK's future relationship with the EU is not helping companies like ours to plan for the future," Nissan Europe Chairman Gianluca de Ficchy said in a statement.

"We appreciate this will be disappointing for our UK team and partners," he added. "Our workforce in Sunderland has our full confidence." The car giant announced in 2016 that it planned to