Nissan issues warning on UK Brexit

Automaker expresses concerns over British no-deal departure from the EU

Japanese car manufacturer Nissan has become the latest major industrial organization to issue a warning over its future in the United Kingdom if the country leaves the European Union next year without reaching a negotiated agreement.

The UK is scheduled to withdraw from the 28-member bloc at the end of March 2019, following the outcome of a referendum on the issue in 2016, but with time running out, British Prime Minister Theresa May's government and EU negotiators still appear far apart on the exit terms, leading to fears of a so-called "Hard Brexit" with potentially huge economic implications.