Honda Siel Cars India, leading manufacturer of premium cars in India, announced the postponement of capacity enhancement and assembly operations at its second plant in Tapukara, Rajasthan. 

Addition of new capacity, initially scheduled for Q4 of 2009, has been deferred in view of the current economic slowdown, which has impacted the automobile industry, resulting in a drop in demand. Honda will continue to assess the market situation to decide on the timing of the car roll-out.

The deferment was announced at a press conference addressed by Mr Takeo Fukui, President & CEO, Honda Motor Co. about various swift and flexible measures taken by the Company to counter the sudden and expansive weakening of the marketplace in all business areas.