Nissan says aiming to build Chery vehicles in UK
Japanese automaker Nissan announced on June 3 that it was considering building cars for Chinese manufacturer Chery, which produces the Omoda and Jaecoo brands, at its plant in Sunderland in northeastern England.
Under a non-binding memorandum of understanding, the firm would "aim to begin manufacturing Chery International UK passenger vehicles on the plant's production Line One in financial year 2027", Nissan said in a statement.
The Sunderland factory would remain fully owned by Nissan with the site's team employed by the Japanese firm, it said.
The agreement comes amid a sharp slowdown in the European car market since 2019.
