Japanese carmaker Honda is set to announce the closure of its Swindon plant in 2022, putting 3,500 jobs at risk, sources say.
The Japanese carmaker will shut the plant in 2022 but retain its European headquarters in Bracknell, Berkshire.
Sources say Honda will make an announcement on the future of the company on Tuesday morning.
Honda declined to comment on the claims which were first reported by Sky News.
Honda produces more than 100,000 Civic cars in Swindon for the global market. It is the firm’s only factory in the EU.
Last month Honda has said it would shut down the factory for six days in April as part of its preparations for any disruption caused post-Brexit.
The company said the move was to ensure it could adjust to “all possible outcomes caused by logistics and border issues”.
The firm said it would help in recovering lost production if shipments of parts were held up at borders.
Last year, the senior vice-president of Honda Europe warned that if the UK left the EU without a deal, it would cost his company tens of millions of pounds.
Ian Howells told the BBC that quitting the bloc without an agreement would affect the carmaker’s competitiveness in Europe.
He said the Japanese firm was preparing for a no-deal outcome, but had not discussed relocating its Swindon plant.
- Pentagon Confirms It Does In Fact Investigate Reports Of UFOs - May 22, 2019
- Google’s new AI is better at detecting lung cancer than doctors - May 22, 2019
- Attorney General Barr Puts Former Intel Bosses Clapper, Brennan On Notice - May 22, 2019
- Brexit Could Save British Steel - May 22, 2019
- Commons leader Andrea Leadsom quits government over Brexit - May 22, 2019