Tuesday, October 25, 2011

Honda Malaysia plant temporary shutdown

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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