Corporate

Impact of Flooding in Thailand on Honda Operations

Thai Honda is scheduled to suspend its production until November 4, 2011. Concerning production from November 7 onward, Honda will make decisions while monitoring the situation.

Published

9 years ago

October 31, 2011

Fujiko Takahashi

Honda Motor (Thailand) closed its production lines in Ayutthaya

Honda Automobile (Thailand) Co., Ltd. (HATC), the Honda automobile production subsidiary in Thailand (headquartered in the Rojana Industrial Park, Ayutthaya province) has suspended production since October 4, due to parts supply disruptions. As of today, HATC does not have a clear outlook for when production will resume as flood water on its facilities has continued since October 8, 2011.

Thai Honda Manufacturing Co., Ltd. (Thai Honda), Honda’s motorcycle and power products production subsidiary in Thailand (headquarter in Bangkok), does not have any flood water on its property, but has been suspending its motorcycle production since October 11, and power product production since October 6, due to parts supply disruptions. Thai Honda is scheduled to suspend its production until November 4, 2011. Concerning production from November 7 onward, Honda will make decisions while monitoring the situation.

Other Honda plants in Asia have been making adjustments to production volume or suspending production due to the limited parts supply from Thailand.. Picture: http://www.bangkokbiznews.com/ (กรุงเทพธุรกิ Krungtep Turagit)

Other Honda plants in Asia have been making adjustments to production volume or suspending production due to the limited parts supply from Thailand.

In Japan, Honda’s automobile production operations at the Suzuka and Saitama factories will begin production adjustments on November 7, due to the limited parts supply from Thailand. Honda is making progress in procuring alternative parts, and the timing to normalize production will be determined while monitoring the situation in the future.

Honda operations in other regions also are being impacted by the limited parts supply from Thailand. Each operation is carefully examining the situation.

Concerning operations from today onward, Honda will make decisions while carefully monitoring the situation. Honda deeply regrets any inconvenience this may cause our customers, and request their understanding during these challenging times. Honda and its suppliers are devoting all our efforts to minimize the impact on our customers.

Corporate

The 3 key barriers to remote working (and how to overcome them)

COVID-19 created the world’s largest remote working experiment and, for many, showed just how possible it was for employees to do their jobs without being at the office.

Published

2 weeks ago

March 26, 2021

Daniel Lorenzzo

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Corporate

Digital transformation: what will be the long‑term effect of Covid‑19?

For many businesses, the Covid-19 pandemic was the catalyst for their organisational caterpillar to evolve toward digital transformation. Yet following the crisis, it remains to be seen which companies will emerge with wings – and which will simply be crawling along slightly faster than before.

Published

3 weeks ago

March 23, 2021

Daniel Lorenzzo

The outbreak of Covid-19 forced the rapid adoption of remote working practices and an acknowledgment of the importance of digital transformation. Following the pandemic, what will the lasting impact be?

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Corporate

Fitch Ratings Expects Improvement of Thai Corporates’ Credit Outlook

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Published

3 weeks ago

March 22, 2021

National News Bureau of Thailand

BANGKOK (NNT) – The credit rating agency Fitch Ratings expects Thai corporates’ credit outlook to improve this year as vaccination is rolled out and economic activity recovers.

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