It appears that the Thai flood contagion has reached the Malaysian automotive industry, Honda announced a shutdown of their Pagoh plant and cannot say when production will resume.
Honda Malaysia is frantically sourcing parts from other suppliers and until they can find a steady stream, the plant will remain shut.
MEDIA RELEASE
Honda Malaysia halts
production and sources parts suppliers
Petaling
Jaya, 25th October 2011 –
Honda Malaysia Sdn Bhd (“Honda Malaysia” or the “Company”) announces that it
will halt production in Pagoh Plant, Melaka from today onward due to parts
shortage caused by the floods in Thailand. The floods have
caused a huge number of factories in the supply
chain to shut down, which include Honda Automobile (Thailand) Co.,
Ltd. and other major suppliers who supply
parts to Honda Malaysia. The Company has been actively accessing the situation
and its parts suppliers’ recovery. Honda Malaysia is also studying the
feasibility of sourcing parts
from other countries until its suppliers’
production in Thailand returns to
normal.
“We announce with regret
that we have to temporary halt production in Pagoh Plant, in Melaka due to
parts shortage. We apologize for
the delay of delivery and we appreciate the
understanding of our customers. We
are doing all we that can within our capacity to recover the production here in Malaysia as soon as possible,” said Mr. Yoichiro Ueno, Managing
Director and Chief Executive Officer of Honda Malaysia.
“The good news is that all our CBU models such as Insight, Stream and Freed are
not affected, except for Jazz that is imported from
Thailand, which we have sufficient stock to fulfill the current market demand,”
he added.
Asian Honda Motor Co., Ltd. has recently donated 100 million
baht (RM10 million) to Thai Red Cross Society to help flood victims in Thailand.
Honda Malaysia will keep its customers informed of the plant’s progress and it looks
forward to bringing good news to the customers.
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