Business
Latest:
M&S in shareholder rebellion
Sir Alan Sugar quits Amstrad
M&S shares slump as consumers cut back
Severn Trent fined £2m
Tesco ceases trade with Zimbabwe
More work needed to help businesses reduce regulations
Project Kangaroo referred to Competition Commission
£31m fine for eBay over fake goods
Business fraud up 74%
Newspapers criticised for secrecy culture
Business Archive
All news archive
Honda eyes Swindon expansion
28/09/2006
Japanese car manufacturer Honda is to announce expansion plans for its plant at Swindon in Wiltshire, according to reports.
Plans to boost car production from 190,000 to over 250,000 vehicles per year at the factory will be revealed by the company at the opening of the Paris Motor Show today, the Sun newspaper claims.
The paper reports that the expected move will create "hundreds" of jobs in the Swindon area, bringing the total number of people employed at the Honda plant to around 5,000.
It is claimed that Honda are planning the expansion in order to accommodate the launch of a new three-door version of the Honda Civic, which is manufactured in the town. The company is also set to unveil a new 4x4 model at the end of this year.
Reports of the anticipated move come amid an apparent turnaround for the British car industry following Peugeot's decision to close its factory at Coventry.
Bentley has since said that advance orders for its continental GTC convertible will allow the company to safeguard 4,000 jobs in Crewe, while BMW is set to create an additional 1,000 jobs in Oxford and Nissan a further 500 jobs in Sunderland.
© Adfero Ltd
Delicious
Digg
Reddit
Facebook
StumbleUpon
Comments on this story
Add your comments here
No comments submitted yet