Cars
Thai Floods Could Spell Delays in Toyota and Honda Production well into 2012
In 2011, only the Saab saga has surpassed that of the Japanese car manufacturers’ problems. Just when they were on their way to recuperate from the disruption caused by the March earthquake in Japan, the recent floods in Thailand have curtailed their plans - probably for much longer than originally anticipated. IHS Automotive analyst Tracy Handler said: “Both Toyota and Honda won’t be able to expand production as planned until the first quarter of 2012. They’ve been really unlucky this year.â€
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Toyota Forecasts 24% Rise In 2012 Production, Wants To Reclaim First Place In Global Sales
The many disruptions in production following the March earthquake in Japan and October’s Thai floods seriously hurt Toyota's profitability and production capability. Total sales for 2011 (excluding Daihatsu and Hino) are expected to reach...
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Honda Starts Production Of New European Civic Hatch At Swindon Plant
Honda revealed today the it has begun rolling out the new Civic at its UK plant in Swindon, which returned to its normal production rates after a disruption due to lack of parts caused by the Thai floods. Read more »...
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Toyota's Gloomy New Forecast Cuts Annual Profits By More Than Half
After losing the top spot as the world's largest automaker, Toyota is now halving its profit forecast due to a number of factors, the most important of which are the production disruptions caused by the earthquake and tsunami in Japan in March and...
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Breaking Dawn: Camry And Prius Lead Toyota’s First Gain In The U.s. Since April
Perhaps for the first time this year, Toyota has some good news to report. Japan’s number one automaker has been hit the hardest by the March earthquake as it has the largest portion of domestic production of any other local manufacturer. When...
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Thai Floods Force Honda To Halve Production At U.s. And Canadian Plants, New 2012 Cr-v To Be Delayed
After Toyota, Honda is the next Japanese carmaker to announce significant production cuts at its North American plants due to component shortages caused by three months of disastrous flooding in Thailand. And is the case with Toyota, the production cuts...
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