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Thai Floods: Honda to restart Thai Plant in April 2012

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Thai Floods: Honda to restart Thai Plant in April 2012

Honda Motor, the most affected Japanese automaker by the deadly floods in Thailand, plans to resume production at its plant in Thailand from April 2012.

The automaker was forced to stop production on October 4, closing down 4.7 percent of its global output.

However, the company may push the opening date beyond the April 13-15, when many employees return to their hometowns because of Thai New Year.

In addition, Honda said in a statement on its website that flooding in Thailand “continues to have some impact to our parts supply” and that it’s working with suppliers “to fully re-establish the flow of parts.”

Honda, based in Tokyo, abandoned full year profit forecasts because of the Thai floods. The floods deferred plans by Honda and Toyota, Asia’s largest carmaker, to increase production and rebuild inventories depleted by Japan’s March 11 earthquake and tsunami.

In the United States, the automaker will resume normal production by December 1, 2011.

While the severe flooding in Thailand continues to have some impact to our parts supply, Honda is working closely with its suppliers to fully reestablish the flow of parts for the products made in North America. Honda will update this information in the event changes are required”

by Mircea Serafim (my Google+) - Tuesday, November 29th, 2011 - filed under Honda, Industry, News. Image credit: Honda.
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