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Toyota Scales Back In Us As Disasters Hit Supplies

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http://www.independent.co.uk/news/business/news/toyota-scales-back-in-us-as-disasters-hit-supplies-2252440.html

Toyota has told workers at its car plants in the US that they will have their hours cut and may even be sent home, as the effects of the Japanese earthquake and tsunami ripple through the global manufacturing supply chain.

A shortage of imported parts prompted Toyota to say it will probably idle its pick-up truck production lines in San Antonio, Texas, while other US plants have also been told to expect disruption.

And other car manufacturers, too, are planning to scale back production while Japan's industrial base struggles to recover from the damage inflicted by the disaster two weeks ago and the ongoing disruption from power outages across the country.

HIS Automotive, an industry research firm, predicted yesterday that global vehicle production could tumble as much as 30 per cent if Japanese factories do not come back online by the end of April.

What's more interesting is how this will affect the non Japanese car makers like GM, Ford, VW etc... You would have thought they'd see big sales increases to take up the slack. However if they too are reliant on the same components this is going to have major ripples across the globe. Less production globally is going to affect those made up GDP figures.

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Japanese car assemblers in the UK will be ok for a few weeks but a good proportion of the components come from Japan. They will probably start to experience shortages and may have to scale back. Mid to back end of April is when it will become noticable.

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http://www.independe...es-2252440.html

What's more interesting is how this will affect the non Japanese car makers like GM, Ford, VW etc... You would have thought they'd see big sales increases to take up the slack. However if they too are reliant on the same components this is going to have major ripples across the globe. Less production globally is going to affect those made up GDP figures.

Even more interesting will be watching the markets as they are revealed manipulating the commodities prices (massive drop in orders/reorders for steel/iron/other supplies should make prices fall )

Have the Yanks got around to designing/producing something that doesn't weigh over 3 tons and do 15mpg yet?

Edited by erranta

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Japanese car assemblers in the UK will be ok for a few weeks but a good proportion of the components come from Japan.

Erm 100% of the cars come from Japan (and the Guanzhao plant in China), they are shipped over in containers with minor parts missing say the mirrors or the number plates. The UK toyota/Nissan/Honda employees attach the number plate and mirrors and can somehow label it made in the UK...

Hell even Triumph which marks itself as made in the UK does this, everything is even the engines are made overseas, they ship over complete bikes bar a single scew and had the gall to stick made in the UK on them. Triumph logos no longer can contain the UK flag though.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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