Go Back   SZONE.US Forums > Current Events > News > Personal Liberty

Personal Liberty Bob Livingston provides you with a conservative, Christian view on life. Helping you live free in an unfree world. Delivering news on improving you health, boosting your wealth, and protecting your civil liberties."

Personal Liberty

Honda To Cut 800 Jobs In Britain

Views:176
Reply
Thread Tools Search this Thread Rate Thread
  #1  
Unread 01.11.13, 05:08 PM
@PersonalLiberty @PersonalLiberty is offline
Senior Member
 
Join Date: 05.09
Posts: 21,959
Honda To Cut 800 Jobs In Britain

01.11.13 02:22 PM

LONDON (UPI) — Honda said that slow sales in Europe had forced it to cut 800 jobs at an assembly plant in Swindon, west of London







The cuts were announced just a year after Honda added 500 positions to the plant that makes the Civic, Jazz and CR-V models, the BBC reported Friday.







But the plant operated at 66 percent capacity in 2012, making 166,000 cars, while at peak production the plant is capable of making 250,000 vehicles per year.







“Despite challenges brought by weak European demand, the longer-term prospects for the UK automotive sector remain good,” said Paul Everitt, chief executive officer of the Society of Motor Manufacturers and Traders, a trade group.







“Sustained conditions of low demand in European markets make it necessary to realign Honda’s business structure,”Honda said in a statement.







Data shows Honda’s sales rose in Britain in 2012 but fell throughout the rest of Europe.







New car registrations rose by 5.3 percent in the year to 2,044,609 vehicles with 54,208 of those cars Hondas, which was a 7.2 percent gain from 2011 for the brand.







Across Europe, however, there were 131,346 Hondas registered January through November in* 2012, a 6.2 percent decline from the first 11 months of 2011, the BBC said.




http://personalliberty.com/2013/01/1...bs-in-britain/
Reply With Quote
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:



All times are GMT -8. The time now is 06:03 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Copyright 2007 - 20017 SZONE.US All rights reserved