Posted on 02/19/2019 12:29:14 AM PST by Berlin_Freeper
Honda has confirmed it will close its Swindon car plant in 2021, with the loss of about 3,500 jobs.
The Japanese company builds 150,000 Honda Civics in Swindon a year, of which some 90% were exported to the EU.
The decision comes just weeks after Nissan switched plans to build its X-Trail SUV from the UK to Japan.
Car manufacturers have said they are concerned about continued uncertainty surrounding the UK's post-Brexit relationship with the EU. The industry has also been hit by falling demand in China and a slowdown in diesel sales.
And a new EU-Japan trade deal will see the EU reducing the 10% duties on Japanese car imports to zero by 2027, meaning there is less need for Japanese manufacturers to have a base in the EU.
(Excerpt) Read more at bbc.com ...
Ford warns no-deal Brexit would be ‘catastrophic’
https://www.bbc.com/news/business-47225787
“We have a Civic 5 door in the US as well:”
I prefer the 306HP version:
https://automobiles.honda.com/civic-type-r
The article linked to now by the thread seems completely different to the original that I read. Perhaps the beeb have re-written it in the interim (they change stuff all the time). They used to put a date-and-time stamp on every version so this was clear but it appears now they only show an original date.
I stand by my comment. No one doubts that the uncertainy around Brexit doesn’t help companies plan for next year, my quote from their original article showed a deliberate effort to make a connection between Brexit and the Honda closure.
it’s not a lie - note it talks about “continued uncertainty” — Brexit terms are not confirmed yet. Business hates uncertainty, it’s worse than any other option.
CAr manufacturing is increasing NOT labor intensive. more and more automation are reducing the number of people needed. japan’s demographics wasn’t a factor here, but more important is the tariff component — by locating a factory within the EU zone they did not have to pay tariffs. The same reason why they shifted a lot of manufaturing to the US under Reagan.
Electric cars don't make much sense in the US outside the Eastern corridor -- for now, imho
That's why I am PRO-HARD-Brexit
Come on UK, you can do it - a complete NO-DEAL Brexit.
More business and money for me :)
That's why I am PRO-HARD-Brexit
Come on UK, you can do it - a complete NO-DEAL Brexit.
More business and money for me :)
Poland is in the sweet spot.
Germany I think will lose 100,000 jobs.
But there seems to be lots of other work.
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