Analysts say Honda's growing woes in Europe not just the economy

There is no denying that the European auto market is taking its lumps right now – just ask Peugeot – but Honda might be taking this downturn on the chin a little harder than some of the other Japanese automakers doing business on the continent. Automotive News Europe is reporting that things have gotten so bad for Honda that it will be cutting 800 workers from Swindon, England plant that builds the CR-V, Civic and Jazz (a.k.a. Fit). This will be the first time Honda has made such cuts in more than 20 years.

Autoblog , Analysts say Honda's growing woes in Europe not just the economy

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technologypulse, Analysts say Honda's growing woes in Europe not just the economy