Monday, October 24, 2011

THE STAR: Severe Thai flooding forces Toyota, Honda, Isuzu and Ford to stop ops


PETALING JAYA: Just months after production of Japanese cars recovered following the massive earthquake and tsunami, Japanese marques in Thailand have been hit by a flood crisis that threatens to stall production once again.

Vehicle plants operated by Toyota, Honda, Isuzu and Ford in Thailand have been closed due to the crisis.

Many car and electronics manufacturers located in Ayutthaya province were affected by severe flooding.

Also, Malaysian companies such as Eng Teknologi Holdings Bhd said two of its subsidiaries operating in Ayutthaya had temporarily shut down their operations because of the floods. It believed the extent of the damage would be covered by insurance.