• Comment ()

Honda announces plans to cut 800 jobs

January 11, 2013 RSS Feed Print

LONDON (AP) — Japanese automaker Honda says it will cut about one in four jobs at its UK factory as it struggles with low demand in Europe.

Honda Motor Europe says poor sales across Europe due to the region's economic crisis are behind the loss of 800 positions among its 3,500 member workforce in Swindon. The plant makes the Civic, Jazz and CR-V models.

Honda has been making cars in Britain since 1992. About 165,000 cars were built in Swindon last year — though it has the capacity to build 250,000.

The decision comes despite some bright spots in the industry. The Society of Motor Manufacturers and Traders reported this week that new car sales in the UK topped 2 million last year, the best since 2008.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Tags:
business,
Associated Press

Reader Comments ()

Photo Galleries

Women on Death Row

Only 12 women have been executed on death row in the U.S. since 1976.

advertisement

Latest Videos