Nissan may leave the car market in EuropeFebruary 3, 2020
The Japanese automaker can concentrate all its forces on the UK. The brand implements this plan if London and Brussels do not come to a common decision on duties.
Nissan already has a clear action plan, if at the final stage of the sensational Brexit, duties will creep up. In this case, the brand may leave the car market of continental Europe, writes the international business newspaper Financial Times. According to the publication, a company from the Land of the Rising Sun may begin implementing the new strategy at the beginning of next year, when the date of the current trade agreements between the EU and the UK expires. Such a plan implies the closure of the Nissan plant in Barcelona, Spain and the cessation of the production of cars in France, where the Japanese have a joint venture with Renault.
But the plant of the brand in the British Sunderland, the stop of the conveyor is not threatened. Recall, this company produces the popular crossovers Juke and Qashqai, as well as “folk” Leaf electric cars. The Micra compact hatchback and the X-Trail crossover can also “move” here. Such a move will help Nissan to avoid high import duties, which will play into the hands of the brand’s competitiveness.
Thanks to this, the market share of the automaker in the UK can grow from 4 to 20%.
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