The Philippine assembly plant of Japanese automaker Honda has suspended its operations this week due to lack of spare parts coming from suppliers in flooded areas of Thailand.
Human Resources Manager Joseph Tacorda of the local Honda assembly plant said the plant will not reopen until it finds alternative suppliers to replace the Thailand-based parts suppliers.
"At this point, we are still waiting for materials to come in from other manufacturing centres of Honda because Thailand has been cut off," Tacorda told AFP, adding it was not yet clear when fresh supplies would be delivered.
About one fifth of Bangkok is still flooded and another industrial area faces risk of being submerged in floodwater that could affect the operation of factories and eventual loss of jobs to thousands of its workers.
More that 430 people have lost their lives due to continued flooding in Bangkok and other parts of Thailand as rain continues to pour.
Honda Cars Philippines has sold close to 10,000 units during the first eight moths of this year and garnering about 10% of the total car market in the Philippines.
Thailand Prime Minister Yingluck Shinawatra said it will take three months to rehabilitate the flood-damaged industrial areas.
"We expect after the water recedes the industrial estates will recover within three months if we can release the water and recover the machinery quickly," Yingluck told reporters.