Honda Misses Profit Estimates, Scraps Forecast on Thailand

Honda Misses Profit Estimates, Scraps Forecast on Thailand

Christophe Archambault/AFP/Getty Images

Cars submerged in floodswaters at a Honda Motor Co. car factory outside the ancient Thai capital of Ayutthaya, north of Bangkok Oct. 11, 2011. Honda, which made more than 170,000 cars in Thailand last year, scrapped its full-year forecasts as it reels from a disaster that’s inundated 10,000 factories and flooded more than 80 percent of Thailand’s 77 provinces since July.