Honda to cut production as Thai floods hit supplies
November 2nd, 2011 - 6:54 pm ICT by IANSNew Delhi, Nov 2 (IANS) Japaneses automobile major Honda Wednesday said it was scaling down production at its Greater Noida plant due to shortage of parts caused by the floods in Thailand.
“As Honda plants in Thailand have been severely affected, we are facing a parts shortage at HSCI (Honda Siel Cars) too and are forced to reduce production,” said Takashi Nagai, president and chief executive, HSCI, in a statement.
According to Nagai, the company is making concerted efforts to resume full production as soon as possible.
The statement said that even the company’s suppliers, based in northern and central Thailand, have been hit.
“HSCI’s production in the month of November will be severely impacted and December production too will be curtailed,” the statement said, adding that the full extent of the impact is still being assessed.
The parts shortage is expected to affect all the models manufactured in India.
“The impact will be much more on the Honda Brio, Jazz and City because of their larger volumes,” the statement added.
- Honda launches entry-level hatchback Brio - Sep 27, 2011
- Honda India to replace parts on City sedans - Sep 05, 2011
- Honda eyes 15 percent sales growth - Oct 11, 2011
- Honda recalls 57,853 units of 'City' sedan - Feb 17, 2011
- Thailand flood: Honda to scrap over 1,000 cars - Dec 28, 2011
- Toyota, Honda announce production cuts in North America - Apr 09, 2011
- Honda launches new model of Jazz - Aug 18, 2011
- Honda Motors to cut India production by 50 percent - Apr 25, 2011
- IT components supply chain disrupted by Thai floods: MAIT - Nov 22, 2011
- Honda's June sales down 24.80 percent - Jul 01, 2011
- Toyota cuts sales target in Indonesia - Nov 08, 2011
- Japan earthquake rattles carmakers in China - Mar 24, 2011
- Interest rates, fuel price hike dampen automobile sector (Roundup) - Jun 01, 2011
- Honda Siel to export engine parts to Japan - Sep 08, 2009
- Maruti strike continues for sixth day, production hit - Oct 12, 2011
Tags: automobile, brio, central thailand, concerted efforts, floods in thailand, full extent, honda, honda siel cars, hsci, India, japaneses, jazz, models, month of november, New Delhi, nov 2, plants, takashi nagai