Actually many of Japanese JV factories in China have put production on hold too due to suspension of component imports from Japan, mainly of electronics, and auto
What does this imply for India? (?_?) Perhaps Tata Motor has a fairly good chance to expand market share globally, though in the time of Japanese mishaps (*o*)
http://www3.nhk.or.jp/daily/english/politics.html
Japanese automakers are keeping production on hold following last week's earthquake and tsunami, citing uncertainties over parts procurement.
Honda Motor says more than 20 of its 113 parts suppliers in the quake-hit areas have no prospect of resuming operation. Honda will extend the suspension of its assembly plants in Mie and Saitama prefectures by 3 days through Wednesday.
Mazda and Suzuki will halt production until Monday. Toyota Motor and Fuji Heavy Industries and 2 other firms will suspend their production through Tuesday and Isuzu Motors through Wednesday.
UD Trucks says it plans to resume production at its parts processing plant on Tuesday. It says it hopes to resume regular production around March 28th.
Many parts companies in the quake-stricken areas are working to repair damaged plants. But some of their employees are taking refuge at shelters due to the troubles at a nuclear power plant in Fukushima Prefecture.
Many automakers say they still don't know when they will be able to resume production.
Saturday, March 19, 2011 08:04 +0900 (JST)
