Tuesday, February 19, 2019

HONDA CLOSES UK PLANT

Japanese carmaker Honda's confirmed it's closing a major plant in Swindon in England, with the loss of around 3500 jobs.

Honda says it's due to 'unprecedented changes' for the industry, and a need to speed up its 'electrification strategy'.

But the move comes with the UK yet to agree a Brexit deal, despite its exit from the EU due to take place on 29th March.

And it follows a decision by fellow Japanese carmaker Nissan to make its new X-Trail SUV in Japan, not the UK.

UK correspondent Olly Barratt says Brexit remains the backdrop - even if not the direct cause of the moves.

IN: "Yeah Honda... 
OUT: ...uncertainty."
DUR: 36 seconds 


ALT:

UK correspondent Olly Barratt says Brexit remains a difficult backdrop for business.

IN: "It's really... 
OUT: ...the UK."
DUR: 44 seconds