Yes, the Japan earthquake and tsunami disasters are still hitting the auto industry hard. Here are the latest updates:
- Honda to cut North American output: Honda said it will cut daily output at its United States assembly plants by as much as 50% starting Wednesday. The move comes as the supply of parts coming from Japanese suppliers hit by the March 11 earthquake shrinks. – Automotive News
- Toyota Yaris plant offline for at least another month: Toyota’s Miyagi assembly plant, which makes the Yaris for export to the United States, is expected to be offline for at least another month. – Automotive News
- Nissan lost 55,000 units in March due to Japan quake: Nissan said that output suspension since Japan’s devastating earthquake and tsunami would cut car production by 55,000 units as of the end of March. – Automotive News
Overall, reports suggest that production slowdowns will go well into April.
– By: Omar Rana