Toyota Demands Parts Suppliers Slash Prices Amid Rising Yen

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Toyota Demands Parts Suppliers Slash Prices Amid Rising Yen
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Toyota‘s rush to cut costs amid a rising yen is leading them towards a confrontation with parts suppliers, with the automaker demanding that Japanese parts makers slash costs or face being replaced with overseas companies. Toyota is still reeling from lost production during March’s tsunami and earthquake, and is estimated to lose $443 million for… Continue Reading...

Hyundai And Kia Unaffected By Japan Quake, Production At Full Capacity

Hyundai And Kia Unaffected By Japan Quake, Production At Full Capacity
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Hyundai and Kia remain unscathed by the parts crunch that is affecting Japanese auto makers, with both companies running their United States-based plants at full capacity and overtime shifts to help meet demand at certain plants. “We’ve been fortunate,” Robert Burns, a spokesman for the Hyundai plant in Alabama, told Left Lane News. “Our parts… Continue Reading...

World’s Second Largest Automotive Microchip Company Abandons Japanese Factory

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World’s Second Largest Automotive Microchip Company Abandons Japanese Factory
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Mere days after the world’s largest automotive microchip producer struggled to avert a production crisis due to their factory being disabled by the March 11th earthquake in Japan, the second largest producer of automotive microchips is now said to be abandoning their own factory in the area and is looking to add capacity at other… Continue Reading...

Automotive Microchips To Be In Short Supply Following Earthquake

Automotive Microchips To Be In Short Supply Following Earthquake
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While much of the automotive industry is watching what car manufacturers have to say about production shortages in Japan, a key supplier of microchips is transferring production from their battered facility in Japan’s earthquake zone, to seperate facilities in Japan and Singapore – but the move could cause months long delays of crucial components, halting… Continue Reading...

Toyota To Reduce North American Vehicle Production

Toyota To Reduce North American Vehicle Production
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Toyota is the latest automaker to adjust their North American production schedules, with plants idling on April 15, 18, 21, 22, and 25. Toyota’s engine and component factories will follow a similar schedule, while their Georgetown, Kentucky facility will remain open on April 21. Employees at the plants will have the option of report to work… Continue Reading...

Honda Plants Could Be Hit By Parts Shortage For Up To 90 Days

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Honda Plants Could Be Hit By Parts Shortage For Up To 90 Days
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Honda plants in North America could be operating at well below capacity as a shortage of parts from Japan threatens to cripple the automaker’s output for as long as 90 days. Speaking with Automotive News, Honda’s executive Vice-President John Mendel estimated a 60 to 90 day slowdown, with 30 days being an optimistic forecast. Honda… Continue Reading...

Chrysler Production Unaffected By Events In Japan

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Chrysler Production Unaffected By Events In Japan
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While Ford and General Motors have both seen plants shut down due to the natural disasters in Japan, and the resulting impact on the country’s auto parts industry, Chrysler‘s vehicle production has remained unaffected by these events. “We have not experienced any disruptions to regularly scheduled production as a result of the issues in Japan,”… Continue Reading...

Saab Production Halted Due To Payment Dispute With Suppliers

Saab Production Halted Due To Payment Dispute With Suppliers
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Saab has halted production yet again amid another dispute with suppliers. Saab representatives declined to say how long the production stoppage would last, but said that they were in discussions with their suppliers to resolve the matter. Saab’s parent company Spyker said that last week’s production stoppage was related to unpaid bills. In an interview… Continue Reading...

Subaru To Cut Production Of Legacy, Outback, Tribeca Due To Parts Shortage

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Subaru To Cut Production Of Legacy, Outback, Tribeca Due To Parts Shortage
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A shortage of parts means that Subaru‘s Indiana plant will have its production cut in half through the end of the week, and the company will assess the situation on a day to day basis to examine whether a continuation is necessary. Each of the two shifts will have 4 hours cut from their length…. Continue Reading...

Chevrolet Volt Battery Plant Resumes Production

Chevrolet Volt Battery Plant Resumes Production
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A Japanese factory that makes batteries for the Chevrolet Volt is back online today after being temporarily shut down since the March 11th earthquake. Hitachi Automotive operates the three plants, one of which produces batteries for the Volt. GM has apparently ordered 100,000 battery packs for the Volt. The other two produce various vehicle components,… Continue Reading...

Japanese Earthquake Could Cause 30 Percent Reduction In Global Car Production

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Japanese Earthquake Could Cause 30 Percent Reduction In Global Car Production
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The latest hiccup deriving from Japan’s earthquake may cause global automotive production to fall by as much as 30 percent, as parts suppliers remain crippled by the quake and subsequent tsunami that devastated Japan. “We could lose up to 5 million vehicles in a worst-case scenario,” said Michael Robinet of IHS, in an interview with Bloomberg. “This… Continue Reading...

Saab And ZF Establish New Plant In Sweden

Saab And ZF Establish New Plant In Sweden
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Saab and German parts manufacturer ZF will establish a new facility in Saab’s hometown of Trolhattan, Sweden, that will build suspension components for their upcoming Phoenix platform cars, one of which will be the next 9-3 sedan. The plant, which will employ 50 people, will produce front subframes and rear axles for the new cars…. Continue Reading...

Honda Plants Remain Closed, R&D To Be Rebuilt After Massive Damage

Honda Plants Remain Closed, R&D To Be Rebuilt After Massive Damage
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Honda‘s manufacturing plants will remain closed, while the heart of their company, the research & development facility in Tochigi, Japan, will undergo months of repairs after being severely damaged by the earthquake that devastated Japan earlier in March. Honda originally planned to keep their plants closed until March 27th but has decided to extend the closures until… Continue Reading...

General Motors Plant In New York Hit By Parts Shortage, Layoffs

General Motors Plant In New York Hit By Parts Shortage, Layoffs
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General Motors has halted production at their Tonawanda, New York engine plant, due to a parts shortage that has affected another factory in Louisiana. The New York plant builds engines for the Chevrolet Colorado and GMC Canyon, which are assembled at the Shreveport, Louisiana plant. While GM has acknowledged that the closure is due to… Continue Reading...
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