Thai unrest spurs Honda unit to cut output and delay new plant


  • World
  • Thursday, 22 May 2014

BANGKOK (Reuters) - The Thai unit of Honda Motor Co has cut production at its Ayutthaya plant to 60 percent of capacity to reflect weak domestic demand, voicing concerns sales may fall short of its target this year after months of political unrest.

Thailand's auto sector, southeast Asia's biggest, is one of the more visible victims of the weakened economy and unrest which culminated on Thursday in army chief General Prayuth Chan-ocha taking control of the government in a coup.

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