UK offered Nissan $100 million over Brexit

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UK offered Nissan $100 million over Brexit

London (CNN Business)The British government promised Nissan up to £80 million ($104 million) as it sought to reassure the Japanese carmaker about the future of its UK operations after the Brexit vote in 2016.

The offer was included in a letter from Business Secretary Greg Clark to former Nissan Chairman Carlos Ghosn dated October 21, 2016. The letter said UK support was contingent on Nissan building two models in England.
The letter, which was released by the UK government on Monday, has long been the subject of speculation.