Thai military’s National Peace and Order Maintaining Council took control of country this week.
Honda is delaying the startup of its second $350 million car plant in Thailand by six months to a year following this week’s military coup in the country. The 120,000-unit-a-year plant now under construction in Prachinburi, 90 miles (145 km) northeast of Bangkok, had been due to start production next April. “We have been worried about the unfavorable conditions since earlier this year, both economic and the political situation,” Honda Thailand Executive Vice President Pitak ...
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