Tuesday, December 10, 2024

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.
Outside a Volaris airplane window, a Mexican National Guard member in a yellow safety vest escorts a handcuffed man in a white T-shirt away from the plane.

Volaris passenger arrested after attempting to hijack plane and divert it to US

0
The would-be hijacker said he was facing death threats and planned to seek political asylum in the United States.
A portrait of former ambassador to Mexico Christopher Landau in the Mexican desert wearing a business suit

Trump taps former ambassador to Mexico for US deputy secretary of state

1
If approved, the Mexico-U.S. relationship "would keep being one of my top priorities," Landau wrote in a Spanish-language social media post.
A note tallying purchases at a Mexican market

Inflation hits 9-month low as Banxico eyes fresh rate cut

0
The November rate was just below the 4.6% median estimate of economists surveyed by Bloomberg.