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Honda adjusting production at North American plants due to flooding in Thailand; auto production at 50% through 10 November

Green Car Congress

American Honda Motor will temporally adjust automobile production at all six Honda auto plants in the US and Canada due to the disruption of the flow of parts from Honda suppliers in Asia because of the ongoing flooding in Thailand. Honda anticipates that this situation will require adjustments for the next several weeks.

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Honda President Ito steps down, Takahiro Hachigo to replace him

Green Car Congress

Honda Motor Co., Takanobu Ito, the current President, Chief Operating Officer and Representative Director, will remain on the board and assume the post of Director and Advisor to Honda Motor. From April 2004 to March 2006, Hachigo was stationed in the US as Senior Vice President of Honda R&D Americas, Inc.,

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. And there is also a 150,000 baht (equal to more than 27,000 yuan) subsidy for each pure electric vehicle purchase. It is foreseeable that Thailand will soon see an explosion of new energy vehicles.

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Report: Mitsubishi Planning Dealer Expansion, More Models for U.S.

The Truth About Cars

But they have no dealer nearby to make that purchase." While Toyota and Honda were typically offering more reliable products, Mitsubishi was still offering competitive options and much hotter deals. Consumer interest in the redesigned Outlander crossover and its electrified variant was a revelation for Mitsubishi's U.S. executives.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Leasing penetration will continue to be higher in the luxury segment in the US and will continue to lift transactions in all segments, as elevated residual values reduce the monthly lease payments, attracting consumers to showrooms who often make purchase decisions on the monthly payments that fit their budget, according to Polk.

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How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

So in China, you’ll be able to’t purchase, for instance, a Volkswagen Passat, however it’s important to purchase a SAIC-Volkswagen Passat. So, as a purchaser, you selected from SAIC-VW ID.4 So, as a purchaser, you selected from SAIC-VW ID.4 Some automakers have extra joint ventures. 4 and FAW-VW ID.4

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