Honda joins rivals with output cuts after quake

[User12343]

will prices of these cars from japan shoot up???

 

ST 19/7

 

TOKYO - HONDA Motor Co joined other Japanese automakers in cutting production after an earthquake caused a shortage of parts and forced car assembly lines around the country to grind to a halt.

 

Honda will suspend part of its production on Friday and Saturday because of difficulties buying piston rings from Riken Corp, which was badly affected by Monday's quake northwest of Tokyo.

 

Some 2,000 vehicles would have been produced by the affected assembly lines on Friday alone, said a spokesman.

 

Toyota, Japan's top-selling automaker, said on late Wednesday it would suspend production at all of its domestic plants from Thursday evening until Saturday because of problems buying parts from Riken Corp.

 

The suspension was unavoidable given the lack of parts, said Toyota president Katsuaki Watanabe.

 

'I hope rather strongly that they will recover as soon as possible,' he said in an interview with national broadcaster NHK.

 

Nissan Motor Co has said it will suspend part of its production from Friday at two of its three plants in Japan until next Monday, while Suzuki Motors and Fuji Heavy Industries, the maker of Subaru vehicles, are also reducing output.

 

The problems have highlighted the industry's heavy dependence on one supplier and the fragility of the 'just-in-time' inventory system, where parts arrive at a plant just when they are needed so as to keep costs down. -- AFP

[Watwheels]

Whoa. Will the COE prices drop like siao?

[Boxster]

Toyota, Japan's top-selling automaker, said on late Wednesday it would suspend production at all of its domestic plants from Thursday evening until Saturday because of problems buying parts from Riken Corp.

 

 

I think halt less than a week so I think doesn't affect much.

[Comfy]

agree.. at most delivery dates are push back only..

[Stash]

expecting a lot of excuses for delay in car delivery

[Ahyoo2002]

I read somehere which mentioned a few days no operation should not affect car delivery as they have stock for a few days normally.

[Apollo]

buy mitsu car...

[Nighthawkcity]

the nuclear plant is the largest in japan, and repairs will take till the end of the year or so..

hmmm

dun think its a week or 2 issue..

[Try_conti]

who's talking abt nuclear plant

[Impala]

alternatively we can get a thai assembled honda/toyota

Edited July 19, 2007 by Impala

[Nighthawkcity]

oh.. tot u guys were talking abt the quake..

there will be cuts in energy consumption as japan's biggest nuclear plant will be shut down for repairs due to damage and leak..

 

cant remember where is the hyperlink but something abt this.. so i tot they linked..

[Spiderman302]

Car supply down, demand remains, COE UP ?

[Hades]

agreed. dont think it will affect toyota buyers in spore too much as most of the range here now is made in tomyam ... rite?

[Rickster]

  Quote

Toyota, Japan's top-selling automaker, said on late Wednesday it would suspend production at all of its domestic plants from Thursday evening until Saturday because of problems buying parts from Riken Corp.

 

 

I think halt less than a week so I think doesn't affect much.

 

Yap probably just some delivery delays for pple who placed their orders or longer waiting time for those who hasn't.

[Princey_anne]

Actually I was eyeing at the new Honda Crossroad from PI but my ride is only one. I wonder if the price will go up.