Thai Floods: Automotive industry down for at least one more week


Honda, probably the most affected automaker, on Tuesday said it has halted all its operations in Malaysia due to parts shortage caused by the floods in Thailand.
Supplies from Honda Automobile (Thailand) Co. Ltd and other major suppliers which supply to Honda Malaysia have been interrupted because of the floods.
The automaker has brought in 200 soldiers to secure its motorcycle plant in Bangkok, Thailand’s. Honda’s automotive factory in the Ayutthaya province has already overflowed, so the soldiers were brought in using personal ties to build a levy around a motorcycle facility.
Toyota stopped production at the three plants from October 10 as some suppliers were severely damaged by the nation’s worst flooding in decades, causing delays in supplying parts.

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