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  4. Solar Wind Energy Tower, Inc. (SWET) Message Board

THE WORLD IS CHANGING .... AND SWET IS IN THE RIGH

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Post# of 113
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Posted On: 04/08/2019 10:37:06 AM
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Posted By: CyberC
THE WORLD IS CHANGING .... AND SWET IS IN THE RIGHT SPOT AT THE RIGHT TIME !!!

Honda confirms Swindon car plant closure
19 February 2019
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Media captionHonda Europe boss Ian Howells says the decision was driven by big changes in the industry
Honda has confirmed it will close its Swindon car plant in 2021, with the loss of about 3,500 jobs.

The Japanese company builds 160,000 Honda Civics a year in Swindon, its only car factory in the EU.

Honda said the move was due to global changes in the car industry and the need to launch electric vehicles, and it had nothing to do with Brexit.

Business Secretary Greg Clark said the decision was "devastating" for Swindon and the UK.

A fall in demand for diesel cars and tougher emissions regulations have shaken up the car industry.

Honda workers 'betrayed' by Swindon plant closure
Ian Howells, senior vice-president for Honda in Europe, told the BBC: "We're seeing unprecedented change in the industry on a global scale. We have to move very swiftly to electrification of our vehicles because of demand of our customers and legislation.

"This is not a Brexit-related issue for us, it's being made on the global-related changes I've spoken about.

"We've always seen Brexit as something we'll get through, but these changes globally are something we will have to respond to. We deeply regret the impact it will have on the Swindon community."


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