HONDA INDIA STOP PRODUCTION OF BRIO
The India unit of Honda Motor Co. said Wednesday it has halted manufacturing of the Brio hatchback because of a shortage of parts from Thailand, caused by floods in the Southeast Asian country.
" We have run out of parts for the Brio and have had to suspend production of the model in this month, " said Jnaneswar Sen, senior vice president for marketing and sales at Honda Siel Cars India Ltd.
Honda India sources some electronic and under-body car parts from Thailand.
Honda Siel LTD, which is 99.9% owned by Honda and 0.1% by India's Siel Ltd., makes the Brio and Jazz hatchbacks as well as the mid-sized City and Accord sedans at its factory at Greater Noida in the northern state of Uttar Pradesh. It also sells the CR-V sport-utility vehicle by importing them.
Honda Siel LTD can produce up to 100,000 cars a year at the Greater Noida facility.
" The situation is much worse than November," Mr. Sen said. "Our production this month will be much lower than last month "
Mr. Sen said the company is "trying to arrange sourcing parts from the same vendors in other countries but our key three volume models--Jazz, Brio & the City--continue to be quite low."
Honda Siel sold 1,982 vehicles in November.
Source - wsj
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