Japan's two biggest automakers, Toyota and Nissan, will ask Britain to reimburse them for additional custom charges incurred if the UK government fails to reach a Brexit trade deal with the European Union, the Nikkei financial daily reported on Monday.
TOKYO - Japan’s two biggest automakers, Toyota and Nissan, will ask Britain to reimburse them for additional custom charges incurred if the UK government fails to reach a Brexit trade deal with the European Union, the Nikkei financial daily reported on Monday.
Officials for the carmakers declined to comment on the report, though Nissan expressed concern about the potential impact of a no-deal Brexit on its business. British Prime Minister Boris Johnson said on Sunday that he did not particularly want the Brexit transition period, which runs until the end of the year, to run out without a trade deal in place, but that Britain could live with such an outcome.
Toyota operates a plant in Derbyshire, central England, and produced roughly 8% of the 1.52 million cars made in Britain in 2018. It also produces engines at a factory in Wales.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toyota, Nissan seek customs reimbursement from UK if Brexit talks fail - NikkeiJapan's two biggest automakers, Toyota and Nissan, will ask Britain to reimburse them for additional custom charges incurred if the UK government fails to reach a Brexit trade deal with the European Union, the Nikkei financial daily reported on Monday.
Read more »
Toyota, Nissan to seek reimbursement from UK if Brexit talks fail:NikkeiJapanese automakers Toyota Motor Corp and Nissan Motor Co Ltd would seek reimbursement from Britain if the government fails to agree an EU trade deal, the Nikkei financial daily reported on Monday.
Read more »
Toyota, Nissan to seek reimbursement from UK if Brexit talks fail:NikkeiJapanese automakers Toyota Motor Corp and Nissan Motor Co Ltd would seek reimbursement from Britain if the government fails to agree an EU trade deal, the Nikkei financial daily reported on Monday.
Read more »
Toyota, Nissan seek customs reimbursement from UK if Brexit talks fail - NikkeiJapan's two biggest automakers, Toyota and Nissan, will ask Britain to reimburse them for additional custom charges incurred if the UK government fails to reach a Brexit trade deal with the European Union, the Nikkei financial daily reported on Monday.
Read more »
Japan's Sony and Kioxia seeking U.S. approval to supply to Huawei - NikkeiJapan's Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for U.S. approval to continue supplying Huawei Technologies Co Ltd [HWT.UL], Nikkei reported on Sunday.
Read more »
Japan's Sony and Kioxia seeking U.S. approval to supply to Huawei: NikkeiJapan's Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for U.S. approval to continue supplying Huawei Technologies Co Ltd, Nikkei reported on Sunday.
Read more »