Honda Siel Cars India’s sales affected by production cuts during November 2011
In the wake of the recent floods in Thailand, Honda Siel Cars India is operating with severe production constraints since the beginning of November 2011, impacting its monthly sales. Honda Automobile (Thailand) Co., Ltd. (HATC), the Honda automobile production subsidiary in Thailand(headquartered in the Rojana Industrial Park, Ayutthaya province) has suspended its production since October 4, due to flooding of the plant. This has resulted in disruption of the supply of components from Thailand.
The parts shortage has affected all the models manufactured in India, but the impact is much more on the Honda Brio, Jazz and City because of their larger volumes. Mr. Jnaneswar Sen, Sr. Vice President – Marketing Sales, Honda Siel Cars India said “As announced earlier, the Thailand floods have severely impacted our production in the month of November due to the parts shortage and this is expected to continue in December as well. We regret the inconvenience faced by our customers due to this situation and seek their understanding in the matter. HSCI is making concerted efforts to resume full production as soon as possible.” The company reported sales of 1,982 units during the month of November 2011.
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i want to know what should be told to banks from where already we have got sanc tioned our loan ? As ourbooking is since 29-09 -2011 what i should expect for my Brio smt model Alb. Silver color?