Honda: China car plants seen suspended thru Thurs

TOKYO, June 1 (BestGrowthStock) – Honda Motor Co (7267.T: ) said its
four car plants in China would likely stay suspended at least
through Thursday as negotiations to smooth over a labour dispute
at a parts plant continue.

Japan’s second-biggest automaker has decided to keep the
joint venture factory operated by Dongfeng Honda suspended until
June 3, a spokesman in Tokyo said. It expects the two factories
run by Guangqi Honda and a separate export-only factory also to
stay idle through Thursday, although a final decision was
pending, he said.

Stock Market Report

Plans for June 4 and beyond will be decided on Thursday, a
spokesman said.

Honda: China car plants seen suspended thru Thurs