Posts

Showing posts with the label Honda

BREXIT: 3,500 Job Loss As Honda To Close UK Plant

Image
Another sad news for the United Kingdom manufacturing sector as Japanese carmaker Honda plans to  closure its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker said, as Brexit approaches. Honda built just over 160,000 vehicles at its Swindon factory in Southern England in 2018, where it makes the Civic and CV-R models. Honda UK This accounted for a little more than 10 per cent of Britain’s total output of 1.52 million cars. But it has struggled in Europe in recent years, and the industry faces a number of challenges including declining diesel demand and tougher regulations alongside the uncertainty over Britain’s departure from the EU, due in March. Justin Tomlinson, a Conservative lawmaker for Swindon, who voted for Brexit in 2016, said he had met with the business minister and representatives from Honda, who had confirmed the plans. “They were due to make a statement tomorrow, it’s obviously broken early,” Tomlinson, lawmaker for North Swind...