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| South Marston Honda: Job cut targets achieved | South Marston Honda: Job cut targets achieved |
| (about 1 hour later) | |
| Car maker Honda has announced it has achieved its target of cutting hundreds of jobs at its Swindon plant mainly through voluntary redundancy. | |
| The Japanese car firm announced 800 job losses at its South Marston factory in January following poor sales in Europe. | The Japanese car firm announced 800 job losses at its South Marston factory in January following poor sales in Europe. |
| Company figures, released earlier, show there had been 38 compulsory and 554 voluntary redundancies. | Company figures, released earlier, show there had been 38 compulsory and 554 voluntary redundancies. |
| Director Kim Ballamy said the firm had worked hard to "minimise the impact on associates and their families". | Director Kim Ballamy said the firm had worked hard to "minimise the impact on associates and their families". |
| It was also announced that a further 188 vacant roles would no longer be required as a result of restructuring. | It was also announced that a further 188 vacant roles would no longer be required as a result of restructuring. |
| 'Good outcome' | 'Good outcome' |
| Mr Ballamy said the company had been working hard with "associate representatives, individuals and trade unions". | Mr Ballamy said the company had been working hard with "associate representatives, individuals and trade unions". |
| "Through this consultation process and by streamlining our manufacturing operations we've listened and responded in as positive a way as possible," he said. | "Through this consultation process and by streamlining our manufacturing operations we've listened and responded in as positive a way as possible," he said. |
| "It's always difficult to lose good people. However, I believe this is a good outcome given the challenge we faced." | "It's always difficult to lose good people. However, I believe this is a good outcome given the challenge we faced." |
| About 3,000 workers are based at the plant, building the Civic, Jazz and CR-V for the UK and European markets. | About 3,000 workers are based at the plant, building the Civic, Jazz and CR-V for the UK and European markets. |
| 'Tough markets' | 'Tough markets' |
| The firm, which started making cars in Swindon in 1992, has blamed falling sales across Europe for the drop in demand. | The firm, which started making cars in Swindon in 1992, has blamed falling sales across Europe for the drop in demand. |
| It built 166,000 cars in 2012, which was well below the capacity of 250,000. | It built 166,000 cars in 2012, which was well below the capacity of 250,000. |
| "In the markets, we do expect Europe to remain tough for a least another two years," added Mr Bellamy. | "In the markets, we do expect Europe to remain tough for a least another two years," added Mr Bellamy. |
| "By taking these actions we are ensuring Honda in Swindon is structured and manned to meet the challenging period ahead." | "By taking these actions we are ensuring Honda in Swindon is structured and manned to meet the challenging period ahead." |