Honda Stocks – Update from Paultan
Honda Malaysia has announced that it its Melaka plant production will be halted effective today 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.
“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.
This means there will likely be supply issues with the CKD models, which include the City, Civic and Accord. CBU models such as the Insight, Stream and Freed are not affected, except for the Honda Jazz which is CBU imported from Thailand.