Honda cutbacks

11 January 2013  

VEHICLE Manufacturer Honda Motor Europe has announced changes to its UK car manufacturing operation which will involve an extended shutdown in the spring as well as the loss of around 800 jobs in Swindon.

The firm says that the conditions of European markets make it ‘necessary to re-align Honda’s business structure’.  As such, Honda UK will enter into formal consultation with its staff to consider the scale of job losses .

Ken Keir, Executive Vice President of Honda Motor Europe said: “Honda remains fully committed for the long-term to its UK and European manufacturing operations. However, these conditions of sustained low industry demand require us to take difficult decisions. We are setting the business constitution at the right level to ensure long term stability and security”.