Japanese car giant scraps plans to build new model in Britain citing Brexit \u2018uncertainty\u2019
\nnews desk
\nLONDON
\nJapanese carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain, saying just two months before Brexit that it had taken the decision to \u201coptimize its investments\u201d by building the next generation model in Japan.
\n\u201cThe company has decided to optimize its investments in Europe by consolidating X-Trail production in Kyushu, the production hub for this global model,\u201d the company said in a statement on Sunday.
\n\u201cWhile we have taken this decision for business reasons, the continued uncertainty around the UK\u2019s future relationship with the EU is not helping companies like ours to plan for the future,\u201d said Europe chairman Gianluca de Ficchy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japanese car giant scraps plans to build new model in Britain citing Brexit \u2018uncertainty\u2019 news desk LONDON Japanese carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain, saying just two months before Brexit that it had taken the decision to \u201coptimize its investments\u201d by building the next generation model in Japan. […]<\/p>\n","protected":false},"author":2,"featured_media":49066,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-49053","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n