Japanese carmaker said Tuesday it will close a large manufacturing plant in Swindon, UK, employing 3,500 people.
Swindon is the only Japanese company's automobile plant in the European Union. The factory-made vehicles are exported to more than 70 countries.
The restructuring also involves Honda operations in Turkey, which currently produce 38,000 Civic sedans per year. That will stop in 2021
"In the face of the unparalleled changes that are having our impact In the industry, it is vital that we accelerate our electrification strategy and restructure our global activities accordingly," said Katsushi Inoue, President of Honda Motor Europe, in a statement largest export market is one of the big clouds over the British auto industry.
Britain will leave the European Union in less than 40 days, but the details of what will happen afterwards are still uncertain. Executives of car companies have warned that leaving the block would be devastating without an agreement to protect trade for the country's auto industry.
Other automakers have announced plans to shut down their plants immediately after Brexit for a period of time to avoid disruption.