BRIEF-Honda says floods to cut its Thai sales 30 pct in 2011

Newswire

BANGKOK, Nov 29 (Reuters) - Honda Motor Co Ltd : * Honda expects flooding to cut its 2011 domestic sales by 30 percent from the normal annual sales of 120,000 units, Pitak Pruittisarikorn, executive vice president of Honda Automobile (Thailand), said * Plans to scrap several 'hundreds' of flood-damaged new cars after flooding at Rojana Industrial Park Pcl in central Ayutthaya province * The plant, with an annual capacity of 240,000 units, has been shut since early October (Reporting by ...

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