Car factories stpping production in Japan

[Ozone]

Unsurprisingly Toyota, Nissan, Honda and Mitsubishi are stopping production in Japan from tomorrow.

Edited by Ozone on Sunday 13th March 23:10

[Brighton Derly]

Electronics giant Sony will also halt production at most of its Japanese factories.

[munroman]

This will be an 'interesting' time for Manufacturing.

As the first adopters of 'Lean Production', Japanese companies have minimal stocks of components, and rely on frequent deliveries from numerous suppliers.

'Transplants' such as in the UK will doubtless get certain components from Japan, any one of which could be a line stopper if unavailable.

Throw in an energy shortage from infrastructure damage and this disruption could last a long time.

[Cyder]

This week is going to be interesting I think at work with the chaos in Japan. I think it's going to take a long time to get things back to normal

[Mr_B]

Should be interesting to see what happens on the stock market in Japan, which I think has just opened.

[Brighton Derly]

Nikkei down 448 points (4.37%) and falling.

[MVDD]

Brighton Derly said:

Nikkei down 448 points (4.37%) and falling.

Finished down 6%...

[Puggit]

MVDD said:

Brighton Derly said:

Nikkei down 448 points (4.37%) and falling.

Finished down 6%...

All things considered - that's not a terrible result

[Bing o]

Didn't the government pump in several trillion yen to boost liquidity in the market?

[Ozzie Osmond]

Bing o said:

Didn't the government pump in several trillion yen to boost liquidity in the market?

I thought they were pumping in sea water?

[V88Dicky]

Brighton Derly said:

Electronics giant Sony will also halt production at most of its Japanese factories.

I didn't realise Sony actually made anything in Japan anymore.

[stripy7]

Car prices will be going up then.

[youngsyr]

stripy7 said:

Car prices will be going up then.

Possibly not for foreign buyers - the yen may fall against sterling to balance out the increases in yen prices.

I guess we'll have to wait and see.

[Pints]

Bing o said:

Didn't the government pump in several trillion yen to boost liquidity in the market?

15 trillion according to the Beeb.

[Jerry Can]

youngsyr said:

Possibly not for foreign buyers - the yen may fall against sterling to balance out the increases in yen prices.

I guess we'll have to wait and see.

if supply is restricted, not withstanding the potential of a falling yen, the UK NSC's will increase prices, or at least dealers won't be discounting as much. In summary global markets will need to profiteer in order to prop up Japanese domestic shortfall in revenue. This would be true for electronics etc.