Tags: honda | thailand | floods

Thai Floods Won't Delay New Hondas

Wednesday, 09 Nov 2011 03:15 AM

By Sandy Fitzgerald


Honda’s new CR-V will still be in showrooms next month, despite concerns about parts shortages caused by flooding in Thailand, plant officials said Tuesday.
 
The automaker will increase production next week through Thanksgiving at some plants, including several in Ohio, the Columbus Dispatch reported, and the plants will be at about 75 percent production. Other Honda plants will remain at 50 percent capacity.
 
Honda said last week it would cut production through this Thursday down to 50 percent at all of its North American plants because of shortages, possibly delaying the release of its reconfigured CR-V, one of the company’s top models.
 
The automaker’s U.S. plants depend on highly specialized electronic parts from Thailand, which has been hit hard by flooding. Honda spokesman Ron Lietzke said the company will make further announcements as it gets a better idea of the availability of parts.
 
Honda has not set a specific date for the CR-V launch. However, if it is delayed int0 January, the company faces lost revenues, since January is usually a bad month for auto sales.
 
The redesigned CR-V will be officially unveiled next Wednesday at the Los Angeles Auto Show.


© 2015 Newsmax. All rights reserved.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved