Nissan warns of 'serious implications' of no-deal

Nissan has warned there will be "serious implications" for Britain's manufacturing industry if the UK fails to secure a trade deal with the European Union.
The warning from the carmaker, which operates the country's largest car factory, in Sunderland, is the latest alarm signal from the auto sector in the run-up to Brexit.
Businesses are increasingly anxious for clarity as they try to plan for how Britain's departure from the EU will affect supply chains and tariffs in the months ahead.Nissan said in a statement: "Today we are among those companies with major investments in the UK who are still waiting for clarity on what the future trading relationship between the UK and EU will look like."As a sudden change from those rules to the WTO (World Trade Organisation) will have serious implications for British industry, we urge UK and EU negotiators to work collaboratively towards and orderly balanced Brexit that will continue to encourage mutually beneficial trade."
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