Ford

    • Honda closes its only British factory as Brexit looms

      Honda closes its only British factory as Brexit looms

      The Japanese automaker Honda has become the latest business to announce plans to leave Britain as global forces reshape the car industry and the country prepares to exit the European Union. On Tuesday the carmaker confirmed it will shut down its only manufacturing plant in the EU, which lies in the English town of Swindon and currently employs 3,500 people. Thousands more jobs will be also put at risk at suppliers and other businesses.

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    • Ford, VW to announce global alliance today

      Ford, VW to announce global alliance today

      Volkswagen Group and Ford Motor are expected to unveil an alliance on Tuesday that would reportedly combine forces on commercial vehicles and is likely to expand into joint development of electric and self-driving technology. Even though the details of the partnership are still a mystery, the move is aimed at saving the automakers billions of dollars.

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