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Honda Will Shut UK Plant, Blaming Market Necessity, Not Brexit

Honda Will Shut UK Plant, Blaming Market Necessity, Not Brexit. “it is vital that we accelerate our electrification strategy” Honda Motor said Tuesday it will close its manufacturing plant in Swindon, England, as part of a global restructuring plan to meet the challenge of electrified vehicles. News of the closure, reports of which emerged yesterday, […]

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Honda, Rocked By Takata Scandal, Hopes Worst Is Over

Honda, Rocked By Takata Scandal, Hopes Worst Is Over. Financial Hit Will Endanger Honda’s Innovation Programme.     Honda Motor’s finances are being undermined by repercussions of the Takata Corp air bag recall, and although Moody’s of Japan reaffirmed the company’s credit rating, it warned investors that Honda ’s outlook had deteriorated from stable to […]

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