Saturday, 14 July 2012

Honda lost 260,000 Cars in Thai Floods



Honda Motor Co, on Tuesday said it estimates that last autumn’s Thai floods will cut its global shipments by 260,000 cars in the financial year ending in March.

Honda suffered the biggest disruption of any automaker to its supply chain both from Japan’s March 11 earthquake and tsunami and Thailand’s historic floods in October, with the only car factory to be inundated in the Southeast Asian export hub.

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