UPDATE 1-Honda to invest $167 mln in Thailand - minister

Newswire

(Adds details) BANGKOK, March 19 (Reuters) - Honda Motor Co plans to add a production line to its Thai operations to build a new compact car due to start rolling out in 2007, a Thai minister said on Friday. The production line would have a capacity of 100,000 cars a year, Vice Industry Minister Vatchara Panchet told reporters after a meeting between Thai Prime Minister Thaksin Shinawatra and Honda president Takeo Fukui. "Their production target is to produce 100,000 cars a year with an ...

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