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Honda shift cut threat to 340 jobs

JAPANESE car giant Honda is to cut production at its UK factory from three shifts to two, threatening 340 jobs. Most cars built at the plant in Swindon, Wiltshire, are exported and sales in other countries have not been as strong as in the UK. "Over the last 12 months, we haven't seen the growth we'd anticipated.

Honda prices 2014 Odyssey minivan

The 2014 Honda Odyssey minivan will start at $29,655 including destination when it hits dealerships in July. The upper echelon family hauler will sport a six-speed automatic -- replacing the five-speed -- and 3.5-liter V6 making 248 hp and 250 lb-ft of torque. Fuel mileage is up to 19 mpg in the city and 28 on the highway in part because of Honda’s Variable Cylinder Management.

Bertone looking for buyers as bankruptcy nears

Italian design house Bertone has confirmed it entered bankruptcy proceedings in Italy, The Telegraph reports, amid recent reports that it laid off a significant percentage of its workforce. A spokesperson for the struggling company told The Telegraph that the company is searching for a buyer. "The problem is many debts and very high costs.