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Thursday, October 13, 2011

Floods disrupt auto production in Thailand

Floods disrupt auto production in Thailand


Severe flooding has forced a halt to Honda's and Toyota's assembly lines in Thailand that account for about 7 percent of their combined global car production. American automakers Ford and General Motors are faring better.

Typhoon-driven flooding has whipsawed the Southeast Asian country since late July, killing more than 280 people and inflicting billions of dollars in damage. Flood waters from higher ground in northern and central Thailand are now menacing the capital Bangkok.

The disruption to production at Toyota Motor Corp. and Honda Motor Co. comes just as they bounce back from the March 11 earthquake and tsunami in Japan that destroyed autos parts suppliers and upended car production around the world.

Source (click me)

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