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Honda cutting production in Swindon again – 500 jobs at risk

Honda is cutting another 500 jobs in Swindon It’s only a year since Honda announced 800 job cuts at Swindon (which eventually was 550) and now they’re about to cut a further 500 as weak demand – particularly in Europe – sees the Swindon plant producing just half the cars it could. The plan is to cut shifts from 3 to 2 a day, which will result in the loss of 340 permanent jobs and 160 temporary ones, and production will be centred on just one production line to increase efficiency and flexibility. The Swindon Plant – which builds the Civic, Civic Tourer, CR-V and Jazz (and the Civic Type-R from next year) – has been hard hit by the slump in European sales in the last five years and, despite still strong UK sales, production levels of 120,000 cars a year – just half of the Swindon capacity – are not enough to sustain the current staffing levels.

Chrysler eight-speed gearbox to boost big sedans' fuel economy

Chrysler Group says its new eight-speed automatic transmission will be the first offered on domestically produced automobiles and will boost fuel economy and cut emissions of the company's two full-sized, rear-drive sedans. The transmission initially will be available on 2012 Chrysler 300s and Dodge Chargers powered by Chrysler's 292-hp Pentastar V6 engine, the automaker said Thursday in a statement. The cars are being assembled and will start arriving in dealerships by Oct.

Fears Over More London Gridlock

MOST Londoners believe congestion is going to worsen in their city over the next five years. However they are heavily divided on the best way of beating the jams, according to a YouGov survey for business group London First. As many as 40% of the 1,055 adults polled said congestion would increase a lot, while 38% believed it would increase a little.