News Releases 2014

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Corporate
Thailand
November 17, 2014

Honda celebrates production of 50 million motorcycles and power products in Thailand

Bangkok, November 17, 2014: Thai Honda Manufacturing Co., Ltd., the Honda motorcycle and power products manufacturer in Thailand, today held a ceremony to commemorate the cumulative production of 50 million motorcycles and power products.

The ceremony was presided over by Dr. Atchaka Sriboonruang, Permanent Secretary, Ministry of Industry, Mr. Noriaki Abe, Chief Operating Officer Regional Operations (Asia & Oceania) of Honda Motor Co., Ltd., Mr. Yoshiyuki Matsumoto, Managing Officer & Representative of Development, Purchasing and Production (Asia & Oceania) of Honda Motor Co., Ltd.

“We would like to express our gratitude to our customers in Thailand and around the world. 50 years since Honda first started its operation in Thailand, with your support and trust, today Thai Honda Manufacturing has become one of our most important global production bases for producing advanced and environmentally-friendly motorcycles and power products. Today, our motorcycles and power products are being delivered to our customers in over 80 countries. Thai Honda Manufacturing will continue manufacturing products that will deliver maximum satisfaction to customers, quickly and with low CO2 emissions,” said Mr. Abe.

Thai Honda Mfg. has become one of the most significant bases for Honda’s global production of motorcycles and power products. In 2013, Honda delivered approximately 17 million motorcycles and 6 million power products to customers worldwide, with 10% of the motorcycles and 40% of the power products being manufactured by Thai Honda Mfg.

Since its establishment as Honda’s first production facility in Thailand in 1965, Thai Honda Mfg. began producing 250cc engines for mid-sized motorcycles in 2010. In 2012, the company started a global model production line which only produces global motorcycle models. The company increased its production competency in 2014 by manufacturing large-sized motorcycles such as the CBR650 series. Various types and models of motorcycles from Thai Honda have been exported to global customers in numerous countries, including ASEAN countries, Japan, Europe, North America and Australia.

Thai Honda Mfg. began producing power products in 1987. Since then, the company has delivered a wide range of power products such as general-purpose engines, water pumps, and brush cutters for customers worldwide. In 2012, Thai Honda Mfg. inaugurated a new power products production plant in order to better integrate the development and production function for more efficient operations. Moreover, Honda announced the export of new backpack sprayers WJR4025T and WJR2525T to global markets from the end of August, 2014. Until today, almost 5,800 units have been exported to ASEAN countries, India, Mexico and Latin American countries.

Thai Honda Mfg. is dedicated to providing products of the highest quality for greatest customer satisfaction worldwide with the commitment of our associates in order to become a company that society wants to exist.

About Thai Honda Manufacturing Co., Ltd.

Location: Bangkok, Thailand
Representative: Shunichi Eguchi, President
Paid up capital: 150 million baht
Capitalization Ratio: 83% Honda group companies
Business: Production of motorcycles, power products, and components
Start of Production: Motorcycles: May 1967
Power products: February 1987
Production Capacity: 1.7 million motorcycles per year
3.0 million power products per year
Employment: Approximately 8,450 associates
Production models: Motorcycles: PCX, CBR250, CBR300, CBR500, CBR650, MSX,
Wave (110,125), Scoopy i, Click125, and others
Power products: GX engine series, Brush Cutters, Backpack
Sprayers, and Water Pumps