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

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Reuters TOKYO
Last Updated : Feb 19 2019 | 2:15 PM IST

TOKYO (Reuters) - 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.

(Reporting by Naomi Tajitsu; Writing by David Dolan; Editing by Muralikumar Anantharaman)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 19 2019 | 2:12 PM IST

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