Thai Floods: Honda restarts motorcycle production in Thailand image

Honda, on Monday announced that has restarted production of some motorcycle and power products in Thailand. The company halted motorcycle production since 11 October.

However, work at Honda’s car plant, in the central city of Ayutthaya, which was halted on October 4, remains suspended.

Thailand’s worst floods in half a century have come down heavily on Honda, while the other Japanese auto makers have a scope to recuperate soon.

The car and motorcycle maker late last month suspended its earnings forecast for this fiscal year through March due to the difficulty in assessing the impact of disrupted production in Thailand after the flooding.

Honda plans a return to normal production in all of its plants in Canada and the United States in early December.

In other news, Honda plans to set up at least two more plants in India in pursuit of its ambition to become India’s largest selling two-wheeler company in the next 10 years.