German manufacturing company Bosch is set to close a car plant factory in Wales, moving its remaining production to a sister plant in Hungary in 2011, it has been widely reported.

The move, which is expected to lead to a loss of 900 jobs, had been triggered by a 45 per cent fall in demand for alternators for luxury vehicles, according to FT.com.

A spokesperson from Bosch said the decision to close the plant in Miskin, near Cardiff, was due to wider difficulties in the industry.