Honda to build fewer car in UK on weak growth outlook
Ford would be to further cut output in Britain. Japan carmaker said that was because revenue growth in Europe is frustrating and it generally does not see that changing within the next year or two.
Its plant at Swindon, in southwest England, can move from three shifts each day to 2, by having an estimated 340 job losses – just more than 10 percent of the staff.
Swindon – Honda’s center for European auto manufacturing – will certainly reduce production to about 120,000 cars this season, significantly less than half its total capacity of 250,000 vehicles.
In 2013 the place ended up 140,094 automobiles, that was a loss of about 15-percent in the prior year.
Honda hasbeen making cars at Swindon since 1992, creating the Social, Social Tourer, CR-V and Jazz (also called the Healthy) designs for the British and European markets.
The cuts come as European carmakers find it difficult to reverse dwindling sales of yesteryear six years as customers, especially in austerity-hit nations, restrain spending.
Business figures for January showed European car sales increased 5.2 percent, boosted by demand from countries that have been formerly disaster hot-spots including Italy, Portugal and Greece.