Monday, April 18, 2011

Japan Nuclear Earthquake 2011: initial effects on the production car

The terrible earthquake that devastated Japan will have its consequences on the automobile market. According to preliminary estimates because car production in Japan will decline by 14% since in many business relationships between suppliers and auto manufacturers have had to stop the plants. The Government also, in the days following the quake, has forced a halt to all the factories to save energy.

However in these days, Nissan, Toyota and Honda have taken over the production, while remaining percentage up around 50%. In short, the earthquake has weakened the Japanese automobile industry as well as their suppliers: "the problem of Japan is underestimated," it said in a note Brembo, while the Bosch Group says that the impact of earthquakes on its turnover was " considerable ".

Toyota has delayed the launch of new models like the Prius and the Prius + V will follow the steps.

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