Cars
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 for Honda come just as the company was recovering from the effects of the March earthquake and tsunami.
Honda said that as the flooding in Thailand continues, a number of its suppliers in Asia are currently unable to maintain parts production to its assembly plants in the U.S. and Canada.
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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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U.s. Production Of New 2012 Honda Cr-v Won't Be Delayed After All
A couple of weeks ago, Honda issued a statement saying that the December on-sale date of the all-new 2012 CR-V in North America could potentially be delayed by several weeks due to parts shortages triggered by the persistent flooding in Thailand. Apparently,...
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Toyota Reduces North American Production Due To Lack Of Parts From Japan
The devastating consequences of the March 11 Japan earthquake and tsunami on the country’s auto industry continue to unfold. Today, Toyota Motor Corp. announced that it will reduce its North American production because of the lack of parts. The...
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Toyota Extends Production Halt At All Japanese Plants Until March 22
The ongoing disaster in Japan caused by Friday’s massive earthquake and tsunami is forcing many automakers to extend production halts on domestic plants well into next week. Today, Toyota announced that it has decided to continue the vehicle-production...
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Mazda To Resume Full Production At Japanese Plants
At a time when most automakers are proceeding to new production cuts, Mazda came out today with some good news as the company announced that it will resume full production at two of its Japanese plants in April. In particular, the firm's Hofu Plant...
Cars