Japanese carmaker Nissan has warned that a no-deal Brexit would make its European business model unsustainable.
The firm’s chairman, Gianluca de Ficchy, said if a 10% export tariff was introduced after the UK left the EU it would put its operations in “jeopardy”.
This would be case if the UK moved to World Trade Organization (WTO) after Brexit, he said.
He was speaking at Nissan’s plant in Sunderland, where work on a new model of the Juke is due to start.