Well worth reading from the guys at MOTLEY FOOL….
Blame flooding. In Thailand.
In a great example of the regional interconnections that drive global commerce nowadays, widespread floods in Thailand have disrupted production of key parts for several major automakers, throwing factories around the world off their paces. Honda and Toyota have taken particularly hard hits, but other major automakers have suffered significant losses as well -- and not all of them are based in Asia.
Blame flooding. In Thailand.
In a great example of the regional interconnections that drive global commerce nowadays, widespread floods in Thailand have disrupted production of key parts for several major automakers, throwing factories around the world off their paces. Honda and Toyota have taken particularly hard hits, but other major automakers have suffered significant losses as well -- and not all of them are based in Asia.
