Honda again denies rumors it plans to relocate its Thai operations, saying the country will remain the major base for Asia and Oceania vehicle production. Honda Thailand executives recently held a news conference to respond to persistent reports they are moving the business to Indonesia, where the auto maker has announced intentions to build a $337 million second plant. Honda halted Thai operations last October after massive floods swept through its 240,000-unit-a-year plant. It is ...

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