THAI FLOODS: Honda postponed Japan minivehicle launch
Honda postponed the launch of a minivehicle model in Japan earlier this month after it was unable to obtain parts from flood-hit Thailand, managing officer Sho Minekawa said.
Honda had planned to release a partly redesigned Life Diva on 13 October but was forced to delay the launch which had not been announced, Dow Jones reported.
"We are supposed to import all the aluminum wheels from Thailand" for the model, Minekawa said at a press conference, indicating that this had not been possible as a result of the flooding affecting supply chains in the disaster-hit nation.
Honda has suspended operations since 4 October at its four wheel vehicle factory in Ayutthaya province because the factory remains submerged due to the flooding.
In its most recent update, Honda said its car, motorcycle and power product factories in Thailand will remain closed at least until 31 October, in line with the government's calling of a special five day holiday to let people escape.