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Honda's 2018 briefing undermines claim plant closure not Brexit-related


A senior figure at Honda listed a catalogue of risks posed by Brexit at a briefing near its Swindon plant last year, fuelling doubts about the carmaker’s insistence that Britain’s withdrawal from the EU had nothing to do with the factory’s closure. Multiple factors are understood to be behind the closure, including global market conditions, the shift to electric vehicles and a free-trade agreement with the EU that will allow Japanese carmakers to export cars tariff-free from 2027.

The Guardian - February 21, 2019

View the full story here: https://www.theguardian.com/business/2019/feb/21/honda-european-chief-outlined-no-deal-brexit-concerns-in-2018