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Honda cuts Thailand production and postpones new facility


Honda Motor Co’s Thai division has decided to slow down production at its Ayutthaya manufacturing facility to just 60% of its capability, as political tensions in the country have impacted the internal demand. In the Southeast Asian region Thailand has the biggest auto market, but the local automotive industry has been particularly susceptible to the faltering economy and political unrest – ...
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VW CEO Martin Winterkorn Will Get His Pay Cut for 2012
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U.S.: Ford Focus Electric receives discounts because of slow sales
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