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Honda, Toyota and Nissan threatens to leave U.K.

By Faiming_low on 14 Feb 2018 in Other News

Attached Image The Japanese automakers have threatened to leave United Kingdom if the imposed trade barriers after Brexit, make their business there unprofitable.

As reported by Reuters, the unusually blunt warning was made to Prime Minister Theresa May by Japan’s U.K. ambassador, Koji Tsuruoka.

Bosses from Nissan Europe, Honda Europe and Toyota Europe have met with U.K Prime Minister to voice their concerns on Britain exiting the European Union.
“If there is no profitability of continuing operations in U.K. - not Japanese only - then no private company can continue operations,” Tsuruoka said.

According to the article, U.K. is the second-most important destination for Japanese investment after United States.

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Faiming_low
Written by Faiming_low
Since young, Fai Ming has always centered his life around cars. In fact his first word was 'car' and not 'mum' or 'dad'. Aren't kids cute?



 
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