Monday, November 7, 2011

Thai Floods Could Spell Delays in Toyota and Honda Production well into 2012


In 2011, only the Saab saga has surpassed that of the Japanese car manufacturers’ problems. Just when they were on their way to recuperate from the disruption caused by the March earthquake in Japan, the recent floods in Thailand have curtailed their plans - probably for much longer than originally anticipated.

IHS Automotive analyst Tracy Handler said: “Both Toyota and Honda won’t be able to expand production as planned until the first quarter of 2012. They’ve been really unlucky this year.”

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