Japanese car maker Honda Motor Co announced today that it is investing £267m in building new models and engines at its Swindon plant in Britain.
After three years of losses in Europe, Honda is hoping to rebuild its ailing European business and predicts it will return to profitability by 2013/2014, when 80% of cars sold in the market will be sourced from the Swindon plant. Honda plans to produce 183,000 vehicles at the Swindon factory in 2012, twice that produced in…
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