Honda announces £200 million investment

March 7, 2016 | By | In News

Honda today announced it will be pumping an additional £200 million into its Swindon plant no matter what the EU referendum outcome may be. The Japanese carmaker has spent £2 billion on the factory so far and this extra income demonstrates its long-term commitment to the UK.

Honda recently revealed its new Civic prototype which has a sportier and more aggressive look to draw in younger buyers. In addition, the model is to be sold in the US for the first time as a five-door, complementing the three-door coupe and five-door sedan. Pre-production for this model has already taken place with full production due this summer.

British production hubs are wary about what Brexit could mean for the UK manufacturing business but Honda will press on regardless of the outcome.

Philip Crossman, managing director of Honda UK, commented: ‘By establishing Honda UK Manufacturing as a global production facility for the all-new Civic hatchback, Honda is demonstrating its long-term commitment to manufacturing in the UK and Europe.

‘Hopefully the £200 million investment will secure jobs in Swindon and if the five-door Civic takes off in America it could see Swindon working at full capacity.’

Phil Webb, head of cars in the UK said ‘We’ve made a decision on the global production run of Civic in Swindon and there’s no reason to believe that is going to change.’

The new Civic will be released in January 2017.

Author: Aaron Alleyne-Wake

Jack Evans

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After completing his university studies in English and Creative Writing in Cardiff, Jack is now a full time motoring writer at Blackball Media. His love of cars stems from his childhood years when he began to live and breathe all-things automotive.

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