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Wednesday, February 20, 2019

Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Honda to shut Britain plant, 3,500 jobs at risk

Honda to shut Britain plant, 3,500 jobs at risk

The Japanese automaker announced the decision at a news conference in Tokyo, where Honda's president and CEO, Takahiro Hachigo, said the decision was based on what made most sense for its global competitiveness in light of the need to accelerate its production of electric vehicles.Brexit was not the main factor behind the decision, he insisted.

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