Honda to close UK car plant with the loss of 3,500 jobs

Honda to close UK car plant with the loss of 3,500 jobs

Honda to close UK car plant with the loss of 3,500 jobs

"Add the fact that the supply chain for most British-made cars crosses the Channel several times as parts are shipped back and forth, so any delays at the border after Brexit could severely disrupt the industry's "just in time" production method, and the United Kingdom starts to look like a less attractive place for global companies to build cars", he said.

Sky News reports Honda is closing its plant in Swindon which will result in a massive loss of 3,500 jobs.

"This will also affect thousands of jobs in the extensive supply chain across the country".

Honda built just over 160,000 vehicles at its Swindon factory in southern England previous year, where it makes the Civic and CV-R models, accounting for a little more than 10 percent of Britain's total output of 1.52 million cars.

The firm said last month that it will shut its British operations for six days in April to help it counter any border disruption from the Britain's departure from the European Union.

Claims suggest Honda will maintain its company headquarters in Bracknell even if the Swindon plant is axed. Currently, the factory produces more than 100,000 cars per year, the vast majority of which are exported.

"This is to facilitate production recovery activity following any delays at borders on parts".

According to multiple sources, including the BBC, The Japanese auto manufacturer will announce its intention to close its Swindon plant amid unfavourable trading conditions brought about by Brexit.

"These contingency provisions have been put in place to best mitigate the risk of disruption to production operations at the Swindon factory".

"Certainly we are right behind our Swindon approach, and really it hasn't come up that we would have to look at putting Swindon somewhere else".

"Even before Brexit has happened, it's already hitting jobs, opportunities and investment".

"It is now incumbent on political leaders to sit up and take note of the true cost of Brexit".

Swindon voted 55% in favour of Brexit at the referendum in 2016.

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