Honda says to hold news conference\, after news of UK factory closure

Honda says to hold news conference, after news of UK factory closure

Reuters  |  TOKYO 

(Reuters) - Motor said on Tuesday it will hold a conference at 0800 GMT, a day after a British lawmaker said the Japanese will announce the closure of its only British factory, in another blow to UK's auto industry before

said will attend the conference on Tuesday. It said the conference will address a change in operational structure.

If says it is shutting the factory, it will be one of several automakers reassessing their presence in the UK and

Two weeks ago bigger Japanese rival cancelled plans to build its sport utility vehicle in Britain.

Last month, Britain's biggest automaker Jaguar Land Rover, and separately announced sweeping job cuts in

For Honda, declining demand for diesel vehicles, tougher emissions regulations and uncertainty over Britain's expected departure from the next month have clouded its in the region.

(Reporting by and in Tokyo; Editing by Muralikumar Anantharaman)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 19 2019. 12:54 IST