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Honda leads UK car industry revival

Honda’s Swindon factory, just a few months after being shutdown for four months, now epitomises the rejuvenation of the UK motor industry, according to the Daily Telegraph.

The plant’s 3,400 workers are building more than 300 cars a day for the global market and on Wednesday (October 7) will start production of the Jazz, Honda’s best-selling car in Europe.

However, management is forecasting that sales next year will be flat at best on 2009 and is not expecting the market to return to ‘normality’ for ‘a few years’.

Production at Swindon this year is expected to be 100,600 down on 174,535 last year and a capacity of 250,000. The downbeat forecasts are a reflection of the concern facing the motor industry when scrappage scheme incentives in Britain and other countries end.

Oct 7, 2009MTI
  • Bad news for Honda but no real surprises
  • No more job cuts at Honda despite the prediction of a tough year ahead
  • Workers at Honda Swindon plant vote for 3 percent pay cut
  • Honda Swindon plant staff to vote on pay cut
  • Honda factory in Swindon to reopen June 1st
  • Stability returning to residual values
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