Honda’s departure is bad news for Brexiteers – and Remainers

The Honda decision is about scale. A global company has to focus its resources in the places where it can a) produce most cheaply, but more importantly b) sell most profitably. For Honda and similar firms, that means the world can be seen as a handful of mega-markets, places where it is possible to make things and sell them to hundreds of millions of potential buyers. For Honda, that means a future focus on North America and Asia.