Honda Bumping Up North American Production Again, After Delays from Thai Flooding

By Blake Z. Rong | November 09, 2011
Honda aims to restore North American production to above 50-percent capacity, after previous reports that the recent flooding in Thailand had hit them worse than they had expected. Honda has found available parts, mostly electrical components, from a source that hasn’t suffered flood damage. With this supply available, Honda’s North American plants will increase production above 50 percent through November 23. Overall delays will still last several weeks, however, and the capacity for each of Honda’s plants will remain between 50 and 75 percent. Coming from the March 11 earthquake and tsunami in Japan—from which the company has spent the past six months recovering—this is a glimmer of good news for Honda, which is still seeking to introduce the 2012 CR-V by the end of the year. A delay for the CR-V is still possible, but just by a few weeks.
Source: Wall Street Journal