Nissan CEO says UK should stay within EU image

Amid the fierce debate around the Brexit, Nissan’s Chief Executive Officer Carlos Ghosn said it would be better for his company’s if UK remained part of the European Union.

There are many argumentations in one direction or another around UK’s exit from the European Union, but ultimately it is a matter for the British people to decide by making use of the announced referendum in June. But within the business environment, there are some concerns around the possibility for the UK to step aside, and exporters such as Nissan would definitely prefer things to stay as they are now. The Japanese automaker was until last year, when it was overpassed by Jaguar Land Rover, the biggest producer of the auto industry in the UK. In 2015, Nissan built more than 475,000 vehicles in the country, 80 percent of which are exported. The company’s CEO Carlos Ghosn recently said the automaker believed it made the most sense for jobs, trade and costs for the UK to stay within Europe. Nissan employs 8,000 people in the UK across its manufacturing, engineering and design facilities, and a further 32,000 indirectly through dealerships and its supply chain.

While the company said it would not be pro-actively supporting any political campaign in the run up to the EU-related referendum, “our preference as a business is, of course, that the UK stays within Europe. For us, a position of stability is more positive than a collection of unknowns,” Ghosn said. “We obviously want the Nissan UK plant and engineering center to remain as competitive as possible when compared with other global entities, and each future investment opportunity will be taken on a case by case basis, just as it is now,” he added.