Forum | Honda closing their Swindon site.... 3500 jobs at risk. (n/t) by ITFC_Forever

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Honda closing their Swindon site.... 3500 jobs at risk. (n/t) 14:21 - Feb 18 with 6872 views

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Honda closing their Swindon site.... 3500 jobs at risk. (n/t) on 15:50 - Feb 20 with 446 views

Swansea_Blue

Honda closing their Swindon site.... 3500 jobs at risk. (n/t) on 18:00 - Feb 19 by Eireannach_gorm
I think there might be a teeny weeny bit of a connection between Brexit and plant closures. https://www.carmagazine.co.uk/car-news/industry-news/brexit/ Its the uncertainty that business does not like and 'frictionless' borders are not available to a no deal Brexit. https://news.sky.com/story/bmw-to-shut-mini-factory-for-a-month-after-brexit-day

See also discussions last spring that clearly showing fine margins and challenges around consumer confidence and uncertainty wrt to tariffs. https://www.am-online.com/dealer-management/manufacturer-insight/honda-uk-managi

(as a side point, that article states that the factory was up to full capacity and 50% of the cars produced there were shipped to the buoyant market in the US - not something I'd seen acknowledged elsewhere. Flies in the face of the commonly recycled argument that they were a busted flush already).

[Post edited 20 Feb 2019 16:36]

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