March 16, 2011

No Tsunami Effect on Japan Cars to Asia

Photo: Tsunami Effect on Japan Autos

Factory stoppages in Japan after last Friday's earthquake may cause Toyota, the world's largest carmaker, to lose output of at least 40,000 vehicles, as damaged infrastructure and nuclear power plants cause electricity shortages.

Ditto for other Japanese carmakers such as Nissan and Mitsubishi, which have already suspended operations. Nissan had 2,300 new vehicles damaged by tsunami waves... Still, customers in Singapore, Malaysia and India should not face any interruption in the supply of such cars [...Continued at AsiaOne ]

Read More