Honda Motor Co. Ltd. strengthens its foothold in Asia by choosing Thailand as a production hub and by launching a new plant in Indonesia. Honda chose Thailand as the production base for the Fit, its subcompact world car, because of the vehicle’s potential in Asian market, officials say. The Ayutthaya plant is slated to begin building the cars at the end of this year, with exports to begin early in 2003. The new cars initially would be exported to Japan, where the Fit, after its ...
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