Honda crushing new cars ruined in Thailand floods
In an effort to prove that no flood damaged vehicles will be sold to customers, the Honda factory in Thailand’s Ayutthaya province began destroying over 1,000 cars. The factory was one of the hardest hit by the several months of record flooding, which only receded a few weeks ago. The devastating floods were the worst the country experienced in 50 years and left over 700 people dead. According to AFP, the scrapping process is expected to take one month.
Honda’s production was disrupted from the floods and only recently returned to normal. According to AP, American Honda Executive Vice President John Mendel says it will not be until March that dealers will be fully restocked.
Aerial images of the submerged cars in the Honda lot provided powerful visuals of the effects of the severe flooding on businesses…The area is home to large production centers for global car and computer industries. According to Bloomberg, Toyota had to suspend local production of its Camry and Prius lines, and Apple faced delays in parts used for Mac computers. Western Digital shares hit a year low in October and is now working to regain their losses, according to Reuters.
Not that anyone in the United States would have to worry about buying a car leftover from a flood, eh?