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Anjani Trivedi

Brexit's Just One (Car) Accident Waiting to Happen

For Honda and other companies operating in the U.K., a withdrawal from the EU will be a challenge. But there are plenty of others.

Brexit, shmexit. — Brexit, shmexit.
Photographer: DAVID HARTLEY/Bloomberg

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February 19, 2019, 6:02 AM UTCUpdated onFebruary 19, 2019, 8:22 AM UTC

Automakers, Brexit isn’t your only problem.

Honda Motor Co. is planning to shut down its Swindon plant in the U.K in two years, a local member of Parliament said on Twitter. On Tuesday, Honda confirmed it will close the site where it makes 150,000 Civics a year, citing “unprecedented changes” in the industry for its global restructuring. The company also said it will stop producing the Civic sedan in Turkey, where it makes about 38,000 units a year.