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11/01/2013
Honda To Axe 800 UK Jobs
Honda is planning to cut 800 jobs at its Swindon plant.
The Japanese carmaker has begun a 90-day consultation period on the job cuts and says it hopes to avoid compulsory redundancies.
is blaming weak demand across Europe.
"Sustained conditions of low demand in European markets make it necessary to realign Honda's business structure," a company statement said.
"Despite challenges brought by weak European demand, the longer-term prospects for the UK automotive sector remain good," SMMT chief executive Paul Everitt said.
"We hope that those affected will be able to take advantage of the opportunities we know exist throughout the UK sector and its supply chain."
The Swindon plant produces the Civic, Jazz and CR-V models.
It employs 3,500 people.
(GK)
The Japanese carmaker has begun a 90-day consultation period on the job cuts and says it hopes to avoid compulsory redundancies.
is blaming weak demand across Europe.
"Sustained conditions of low demand in European markets make it necessary to realign Honda's business structure," a company statement said.
"Despite challenges brought by weak European demand, the longer-term prospects for the UK automotive sector remain good," SMMT chief executive Paul Everitt said.
"We hope that those affected will be able to take advantage of the opportunities we know exist throughout the UK sector and its supply chain."
The Swindon plant produces the Civic, Jazz and CR-V models.
It employs 3,500 people.
(GK)
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