Monday, May 7, 2012

Honda restarts Thai vehicle deliveries

Honda has commenced delivery of vehicles to customers across the country, with its Ayutthaya plant having resumed operations in late March.

However, Honda dealers are facing further pressure as the Japanese auto-maker has chopped the credit period for dealers from 1 month to just 10 days.

Honda's two assembly plants in Ayutthaya were totally submerged during last year's massive flood, resulting in more than 60,000 customers orders going unanswered.

Read the full story here.