Sunderland Nissan Leave voters hope to be bailed out

Kohoutek

The FT reports on buyer's remorse in the North East...

The British car industry issued a clear warning: leaving the EU could put jobs at risk.

But just a few days later Sunderland, the home of Nissan, delivered its verdict: a resounding 61.3 per cent of people voted for Brexit regardless.

Steven, a Nissan production line worker in his 30s who declined to give his surname, said he had woken the morning after voting for Brexit and thought: “What have I done?”

We will never know which way its Sunderland employees — or the 20,000 other people in its north-east supply chain — voted. But according to Steven, the workers around him were outspoken in their desire for Brexit.

Steven, unable to turn the clock back, said: “Hopefully our government, when they eventually get themselves sorted out, will put money into Nissan. If the government say don’t leave, we will make an offer you can’t refuse — hopefully that’s what’s going to happen.”

https://next.ft.com/content/900d015a-3ba2-11e6-9f2c-36b487ebd80a

Thrugelmir

Kohoutek wrote: »

The FT reports on buyer's remorse in the North East...

Surprised that any FT journalists know where Sunderland is even.

Funny how the FT was sold to a Japanese company last year.

force_ten

Nissan builds cars in the UK for one reason and one reason only that is so they get access to the open market in europe

if they build a car within the EU it can be sold anywhere within the EU without penalty if we take the UK out of europe and lose access to the open market then nissan along with all the other japanese car manufacturers that have plants within the UK will be looking at the viability of their plants in the UK

we in the UK cant buy everything that nissan builds within the UK so they need access to the free market in Europe

CKhalvashi

Good luck to them! I certainly won't be happy if my tax goes to pay for their mess up.

They've tried to have their cake and eat it, and just realised they can't.

unforeseen

And if Sunderland had voted even 100% remain, it would not have changed the outcome so who would you blame then?

michaels

force_ten wrote: »

Nissan builds cars in the UK for one reason and one reason only that is so they get access to the open market in europe

if they build a car within the EU it can be sold anywhere within the EU without penalty if we take the UK out of europe and lose access to the open market then nissan along with all the other japanese car manufacturers that have plants within the UK will be looking at the viability of their plants in the UK

we in the UK cant buy everything that nissan builds within the UK so they need access to the free market in Europe

Didn't peugeot move a car plant from coventry (inside the eu) to turkey (outside) and yet I bet they still sold the output into eu markets.

Mistermeaner

Sunderland should vote to be a part of scotland

Mistermeaner

michaels wrote: »

Didn't peugeot move a car plant from coventry (inside the eu) to turkey (outside) and yet I bet they still sold the output into eu markets.

Dont know but if they did lower wages would balance out any tariff impact. Sunderland wouldn't be able to do that. Unless of course the lads want Turkish wages

Generali

michaels wrote: »

Didn't peugeot move a car plant from coventry (inside the eu) to turkey (outside) and yet I bet they still sold the output into eu markets.

Turkey has a goods free trade agreement with the EU. It can't export services to the EU tariff free.

Services are a huge UK export to the EU.

michaels

Generali wrote: »

Turkey has a goods free trade agreement with the EU. It can't export services to the EU tariff free.

Services are a huge UK export to the EU.

But on this thread we are talking about nissan and I gave an example of a country that can trade goods with the eu without fom.

Generali

michaels wrote: »

But on this thread we are talking about nissan and I gave an example of a country that can trade goods with the eu without fom.

Great.

If the UK uses the Turkish model its biggest export industry will not be able to export a third of its external output.

What's the plan Stan?