Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Thai Honda holds prices amid cost pressures

Mr Hamamatsu warns that ongoing Middle East tensions pose a significant challenge to Thailand's automotive industry in the second half of the year.

Thai Honda, a motorcycle manufacturer and distributor, is determined to keep its motorcycle prices stable despite mounting production costs driven by prolonged tensions in the Middle East.

Masayuki Hamamatsu, the newly appointed president of Thai Honda, said the company has no immediate plans to raise prices, fearing that higher prices would dampen consumer demand.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.