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Honda to close UK car plant in 2022, risking 3,500 jobs

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Comments

  • fatbeetle
    fatbeetle Posts: 570 Forumite
    Ninth Anniversary 500 Posts I've been Money Tipped!
    Arklight wrote: »
    I have pointed out that Brexiters claiming that we need to leave the EU to enjoy the sunny uplands of the mega growth of the Asian markets, and also saying that Honda is leaving because they can't sell to Asia and manufacture in Europe, is a silly logical fallacy..

    Have you? That's funny, I could have sworn that was just unsubstantiated stuff you made up.

    Care to link to one of these "quotes"?
    “If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and who weren't so lazy.”
  • fatbeetle
    fatbeetle Posts: 570 Forumite
    Ninth Anniversary 500 Posts I've been Money Tipped!
    Meanwhile, other manufacturers...
    Jaguar Land Rover plans to pump hundreds of millions into UK plants as part of its strategy to electrify its range of cars.

    Chief executive Ralf Speth has pledged that by 2020 all its models will be available with some form of electric power, and the investment is part of this drive.

    The money will go into building a new battery assembly plant at Hams Hall, near Birmingham, and setting up its existing engine plant in Wolverhampton to make electric drive systems.

    https://www.telegraph.co.uk/business/2019/03/01/jaguar-land-rover-ramps-uk-investment-electric-drive/
    Toyota operates a production plant in Burnaston, Derbyshire, and in February of last year unveiled a plan to invest £240m in the facility, aided by a £23.1m government grant, to build the next generation of its Auris hatchback. At the time, Toyota Europe president Johan van Zyl said the investment would ensure that “in the worst case scenario” the company would still be able to continue its business in the UK.
    “If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and who weren't so lazy.”
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