Audio By Carbonatix
Car maker Nissan says it is open to sharing factories around the world with its Chinese state-owned partner Dongfeng as it shakes up its business.
The Japanese firm, which employs thousands of people in the UK, told the BBC it could bring Dongfeng "into the Nissan production eco-system globally."
This week, the struggling company said it would lay off 11,000 workers and shut seven factories but did not say where the cuts would be made.
Speaking about Nissan's UK plant on Thursday at a conference organised by the Financial Times, its boss Ivan Espinosa said: "We have announced that we are launching new cars in Sunderland... In the very short term, there's no intention to go around Sunderland."
Nissan's revelation it is willing to strengthen ties with the Chinese firm comes as the UK's trade relationship with China is in the spotlight.
On Wednesday, the UK government moved to rebutt suggestions the tariff agreement it reached with the US last week could be damaging to China.
It said there was "no such thing as a veto on Chinese investment" in the deal.
The UK-US agreement rowed back on big hikes in tariffs on metals and cars imposed by US President Donald Trump, but it also included conditions requiring the UK to "promptly meet" US demands on the "security of the supply chains" of steel and aluminium products exported to America.
A spokesperson for the Chinese embassy in London said China had "made representations to the UK, asking for clarification".
"China is firmly opposed to any party seeking a deal at the expense of China's interests. Should that situation arise, China will respond as necessary."
Latest Stories
-
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
13 minutes -
Gains were hard-won, achieved through discipline and institutional effort – BoG Governor
27 minutes -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
36 minutes -
EC sets March 3 for Ayawaso East by-election
52 minutes -
Call for Applications: WikkiTimes launches Anas Aremeyaw Anas AI fellowship
1 hour -
GPL 2025/26: Dreams hold Hearts as Phobians record 8th draw
1 hour -
If you attempt to bribe a police officer now, he will disgrace you; he wants a promotion – IGP Yohuno
1 hour -
This Saturday on Newsfile: NPP Presidential primaries, Ofori-Atta, Sedina detention and LGBTQ-tainted manual
1 hour -
BoG to deepen media engagement and reward quality economic reporting – Governor
1 hour -
Photos: The Multimedia Group thanksgiving service 2026
2 hours -
BoG declares 2025 ‘Year of Restoration’ as inflation crashes and reserves hit 27-year high
2 hours -
2026 is the ‘Year of Action’ for Petroleum Hub project – Dr Toni Aubynn
3 hours -
Sedina Tamakloe set for January 21 US court hearing – Victor Smith
3 hours -
‘Ministerial signature is not ceremonial ink’ – CDM questions Education Minister’s role in curriculum saga
3 hours -
Multimedia Group Kumasi staff gathers to celebrate 31 years of broadcasting and community service
3 hours
