BANGKOK, Dec 24 (Reuters) - Japan's Honda Motor Co will temporarily suspend 700 contract workers at its new plant in Thailand next month due to a sharp drop in car sales, an official at Honda's Thai unit said on Wednesday. The workers, who were hired for Honda's second plant as part of a plan to boost annual output to 240,000 units in Thailand, will receive 75 percent of their salaries until the market picks up again, said the official who declined to be named. "We asked them to stop ...
Premium Content (PAID Subscription Required)
"RPT-Honda suspends 700 Thai workers due to slow sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.