Honda R&D Co. Ltd., the wholly owned research and development subsidiary of Honda Motor Co. Ltd., plans to establish an automotive R&D center in Bangkok to better serve the diverse needs of the growing Asian vehicle market. Honda has received approval from the Thailand government to build the facility and plans to establish the new company, Honda R&D Asia Pacific Co. Ltd., on Dec. 1, with a total investment of about 2.4 billion baht ($58.8 million). The operation is expected ...

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