Nissan at risk of $740m body blow from no-deal Brexit

EU tariff threat looms over automaker's Sunderland plant in UK

20191016N Sunderland plant REUTERS

Nissan's plant in Sunderland, England, produces 10% of the company's annual global volume. © Reuters

TATSUYA OKADA, Nikkei staff writer

TOKYO -- Nissan Motor stands to sustain over 80 billion yen ($737 million) in asset write-downs in a worst case scenario if the U.K. withdraws from the European Union with no deal, a further blow to the automaker's sagging profits.

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