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Honda to close British car plant as Brexit looms

11:44am EST

LONDON/TOKYO Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced just over a month before the United Kingdom is due to leave the European Union. | Video

Factbox: UK car production - Who builds what and where?

3:44am EST

LONDON Britain's overwhelmingly foreign-owned car industry built 1.52 million cars last year, a decline of 9 percent on the year before, with output forecast to drop further in 2019.

Honda to shut UK car plant in 2022 with the loss of 3,500 jobs

3:39am EST

LONDON Japanese car maker Honda is set to announce it's closing its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters, in the latest blow to the UK car industry as Brexit approaches. | Video

Factbox: UK car production - Who builds what and where?

Feb 18 2019

LONDON Britain's overwhelmingly foreign-owned car industry built 1.52 million cars last year, a decline of 9 percent on the year before, with output forecast to drop further in 2019.

UK offered Nissan Brexit assurances, 80 million pounds for car investment

Feb 04 2019

LONDON Britain promised Nissan up to 80 million pounds ($104 million) of support and offered Brexit-related assurances to help secure a major investment from the Japanese carmaker in 2016, according to a well-guarded letter released on Monday.

Nissan scraps plan to build new X-Trail model in Britain

Feb 03 2019

LONDON Carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain and will produce it solely in Japan, warning two months before Brexit that uncertainty over Britain's departure was making it harder to plan for the future. | Video

British car industry warns against no-deal Brexit as investment slumps

Jan 31 2019

LONDON Investment in the British car industry halved last year due largely to uncertainty about future trade with the EU and surveys showed consumers and businesses were more anxious about the economic outlook as Britain heads towards a no-deal Brexit. | Video

UK car output falls at fastest rate since recession

Jan 31 2019

LONDON British car production fell by 9 percent last year, the biggest drop since the 2008-9 recession, and investment slumped by nearly half due to fears about Brexit, an industry body said on Thursday. | Video

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