Subhead: South Korean Automakers See Biggest Drop in Inventory
"In analysis of a hefty sample of more than 60 percent of the nation’s vehicle inventory, Edmunds.com found that most results were as expected – Honda and Toyota suffered most from a lack of vehicle inventory due to the quake; ditto for subcompact and compact vehicles. What is surprising is that South Korean automaker Hyundai has been so hard hit by inventory depletion as a result of strong demand, in part due to real and perceived lack of availability of Japanese favorites but also due to the fact that the automaker continues to be on a roll."
"Automotive production in Thailand will be affected in the near term due to the lack of auto-parts supply as a result of the floods," Frost & Sullivan analysts wrote in a note published Thursday, "but is not likely to have a medium-long term effect on Thailand as an automotive production hub in the region."
"Sony Corp. Thursday joined a lengthening list of big-name Japanese manufacturers like Honda Motor Co. and Toyota Motor Corp. in saying Thailand's extreme flooding has derailed production, closing down either plants or key parts suppliers in recent days."
"After battling vehicle and component shortages after this March’s earthquake and tsunami in Japan, Honda Motor Co. Ltd. said today it added a second production shift at its Honda Manufacturing of Indiana LLC assembly plant in Greensburg."
Comments
I bet those numbers have gone down slightly.
US production at full steam by September, but Japan only by December at the earliest.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
"In analysis of a hefty sample of more than 60 percent of the nation’s vehicle inventory, Edmunds.com found that most results were as expected – Honda and Toyota suffered most from a lack of vehicle inventory due to the quake; ditto for subcompact and compact vehicles. What is surprising is that South Korean automaker Hyundai has been so hard hit by inventory depletion as a result of strong demand, in part due to real and perceived lack of availability of Japanese favorites but also due to the fact that the automaker continues to be on a roll."
Japanese - and Korean - Inventories Drop Most (AutoObserver)
Very classy. :shades:
"Sony Corp. Thursday joined a lengthening list of big-name Japanese manufacturers like Honda Motor Co. and Toyota Motor Corp. in saying Thailand's extreme flooding has derailed production, closing down either plants or key parts suppliers in recent days."
Bangkok Takes Risky Step to Head Off Floodwaters (WSJ)
Honda Adds Second Shift At Indiana Plant (AutoObserver)