Associate Partner

Honda plan to close UK plant is not due to Brexit - lawmaker

 Honda plan to close UK plant is not due to Brexit - lawmaker

LONDON (Reuters) - Japan's Honda plans to shut its British car plant in Swindon by 2022 with the loss of 3,500 jobs but the decision is not related to Brexit, a local lawmaker told Reuters on Monday.

Justin Tomlinson, who voted for Brexit in 2016, said he had met with the business minister and representatives from Honda who had confirmed the plans.

"They were due to make a statement tomorrow morning, it's obviously broken early," Tomlinson, lawmaker for North Swindon, told Reuters.

"This is not Brexit-related. It is a reflection of the global market. They are seeking to consolidate production in Japan."

(Reporting by Alistair Smout, editing by Guy Faulconbridge)

This story has not been edited by Firstpost staff and is generated by auto-feed.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .

Updated Date: Feb 19, 2019 00:05:19 IST