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Honda wants U.K. to adopt the euro
Calcutta News.Net
Thursday 24th May, 2007
The head of Honda Takeo Fukui, says the UK's reluctance to swap the pound for the euro is a big problem and has made car manufacturing in Britain very difficult.
Mr Fukui says Honda made a mistake with Britain and the company has no plans to expand at Honda's Swindon facility which employs 5,000 people.
Using a U.K. plant to build cars for Western European consumers exposes Honda to additional currency volatility as the value of the pound moves against the euro.
Honda is not the only manufacturer to have criticised the UK's decision not to adopt the euro.
Japanese rival Nissan has also said in the past that retaining the pound threatens jobs at its Sunderland plant.
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what
05-25-07, 08:50 AM |
Honda wants U.K. to adopt the euro
some may think england should change, after all every one else is doing it, yeah sure, you know lemons, follow evry other lemon and go over the cliff.
stick to the pound. !!!
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