Honda will be stopping the automobile assembly lines at both of its completely built-up (CBU) car factories in Thailand.
Honda Automobile Thailand officially announced the suspension of CBU operations in its vehicle production plants in Phra Nakhon Si Ayutthaya and Prachinburi provinces from March 27 until April 30. The announcement comes after the Thai government declared a State of Emergency due to the COVID-19 global pandemic.
The automaker also cited declining market demand, as the pandemic continues to wreak havoc on global economies, auto sales also received a beating in Thailand. February marked the ninth-straight month of decline in sales as banks also began tightening their belts on loans.
Honda said applicable staff will be working from home as the company exercises measures to encourage employees to refrain from traveling and follow government measures to contain the further spread of the virus.
Honda's Thailand factories currently supply the Accord, Civic, CR-V, HR-V, Jazz, Mobilio as CBU units to the Philippine market. The upcoming new-generation City will also be sourced from Thailand after Honda announced the closure of its vehicle assembly plant in the Philippines last month.
The news of the shut down due to the Coronavirus is in line with other plant closures recently announced in Thailand. A few days ago Ford decided to close their production facility, Ford Thailand Manufacturing, due to the pandemic. Auto Alliance Thailand which makes vehicles for Ford and Mazda, also announced they will be shuttering the factory for the time being.