Thursday, January 8, 2026

Flooding cost Honda US $442 million at its Celaya plant

Flooding cost the Japanese auto maker Honda US $422 million at its Celaya, Guanajuato, plant in June.

After the Laja River burst its banks it flooded the neighboring industrial park and neighborhoods, including the entire 400-hectare Honda assembly plant.

Production was suspended the same day.

The company announced yesterday that full operations won’t resume until November 17.

A part of the plant dedicated to the manufacture of transmission boxes has been operating at full capacity since July 9.

Honda México said none of its workers have lost work as a result of the flooding. Instead, they have been occupied with clean-up and repair work.

Besides transmission boxes, the Celaya plant also builds engines and the Honda Fit.

Source: El Financiero (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Downtown Mexico City

Citi survey: Banks predict 1.3% GDP growth, peso weakening to 19:1 in 2026

0
Growth forecasts for 2026 from 35 banks surveyed by Citi range from 0.6% to 1.8%, though estimates for 2027 range from 1% to 2.8% — a vote of confidence in Mexico's economy post-USMCA review.
Oil tanker

Why is Mexico suddenly Cuba’s biggest oil supplier?

8
The news that Mexico is the island nation's top oil supplier seems at odds with Trump's anti-Cuba agenda, but President Sheinbaum clarified Tuesday that shipment levels remain consistent with previous years.
telephone booth in operation

The CFE is bringing back the phone booth in rural Mexico

3
The new public phones operate simply: pick up the receiver, punch the number, talk, hang up. The major difference between the new ones and the old ones is that all calls are now free.
BETA Version - Powered by Perplexity