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  Business   Companies  19 Feb 2019  Honda CEO says decision to end production in UK not Brexit related

Honda CEO says decision to end production in UK not Brexit related

REUTERS
Published : Feb 19, 2019, 2:55 pm IST
Updated : Feb 19, 2019, 2:55 pm IST

Honda Chief Executive Takahiro Hachigo made the statement at a news conference in Tokyo.

Honda. (Photo: File)
 Honda. (Photo: File)

Tokyo: Honda Motor Co’s decision to end production in Britain was not related to Brexit, its chief executive said on Tuesday, after announcing the closure of its only British car plant.

Honda Chief Executive Takahiro Hachigo made the statement at a news conference in Tokyo.

 

“Honda of the UK Manufacturing has today informed associates (employees) of the proposal to close its Swindon vehicle manufacturing plant, at the end of the current model’s production lifecycle, in 2021,” Honda said in a statement earlier.

Tags: honda, honda chief executive, takahiro hachigo
Location: Japan, Tokyo-to, Tokyo