Japanese car dealers involved in global production chain parts

The scale of production stoppages in the auto industry caused by the earthquake in Japan is expanding, and the reduction in the production of Japanese car dealers overseas branches has also come one after another. Due to supply chain fractures, power shortages, export resistance, and other factors, the seven major automakers in Japan have announced that they will extend their original deadline for suspension of production. From the current situation, the earthquake has caused Japanese auto companies to The impact may be even more serious than expected. Taking into account the supply of spare parts, Japanese car makers such as Toyota and Fuji Heavy Industries have all slowed down the production pace of North American plants.

Japanese car dealers will face huge losses Japanese car dealers will continue their suspension of production. Among them, Honda confirmed that the decision to suspend production of all Honda plants in Japan on Monday will be extended to March 20, and it is uncertain whether the resumption of production will follow. Toyota revealed that all its Japanese factories will stop production and will not resume production until March 16. At present, Nissan, Subaru, and Suzuki have also extended their plans to suspend production for one day on Monday until later this week. The specific timetable is not known, and adjustments to the impact of the earthquake may be made to make timely adjustments. Mazda, which still maintains production on Monday morning, has also joined the ranks of production-suppressed car companies. There was a problem with the overseas transportation of Japanese car exports.

The large-scale production suspension caused by the earthquake will bring huge losses to the Japanese auto industry. Japanese analysts pointed out that taking into account the 20,000 to 30,000 parts and components needed to assemble a car, because Japan now has basic materials Purchases have become difficult and it is difficult for vehicle manufacturers to quickly resume normal production. This will cause the Japanese auto industry to do more harm than expected.

More specific damage assessments by Japanese auto companies are currently difficult to estimate, and from a recent historical record, the earthquake in Niigata in northern Japan triggered a collapse of the supply chain in 2007, and the earthquake destroyed only a few major suppliers' factories. According to data from Japan's Nikkei, the shortage of spare parts caused the Japanese auto industry to lose at least 125,000 vehicles at the time.

The destruction of Japanese companies’ production will lead to the overall stagnation of Japanese auto exports. Analysts in the industry said that Japan exported 4.67 million cars in 2010. The earthquake caused a sharp drop in Japanese auto exports. The Japanese export market has a high proportion of Europe and the United States, with a number of over 2.5 million vehicles. Japanese auto makers suffered a sharp decline in production and sales due to earthquakes. In the circumstances, its market share may decline slightly.

Or the first to resume the production of parts and components The impact of the suspension of production by Japanese automakers is being transmitted to the world. The North American factory is the first to be affected. Japan’s Toyota Motor Corporation stated on March 15 that the Great Japan Earthquake may create obstacles to the supply of local parts and that Toyota will suspend overtime production on Saturdays and Saturdays for all 14 factories in North America. This measure aims to confirm the recovery of production in Japan. At the same time, Fuji Heavy Industries has also cancelled the overtime production of automobile assembly plants in Indiana, USA. "If the production is suspended for a long time, overseas production may be affected. For example, the core components such as the engine and the transmission are all supplied from Japan to Japan's overseas automobile factories," said Tokyo JP Morgan Securities auto analyst. Japanese auto companies in China are highly concerned about the procurement of parts and components. Yesterday, Toyota Motor Corporation of China related sources disclosed to reporters that Toyota's joint venture in China has used inventory to link the tight supply of spare parts. At present, the production is still The original planned operation, the development of the situation depends on the suspension of production of Japanese parts companies. Guangzhou Honda related sources also revealed to reporters that the company's inventory can maintain a week, the situation next week has yet to be evaluated on the weekend.

Relevant analysts pointed out that the earthquake has little impact on Japanese auto companies' overseas factories, but will impact production deployment in a short time. The Japanese vehicle business in China will be subject to a short-term shock, mainly due to the impact of tight supply of parts and components. The Toyota and Nissan systems are large-scale and complete, with little impact. Nissan and Mazda need to face the challenge of spare parts supply.

It is precisely for the sake of preventing stop production from affecting the overseas market even more. Toyota and other Japanese carmakers may take the lead in restoring parts production. According to the latest news released by the Japanese media yesterday afternoon, Toyota Motor Corporation's seven auto parts factories in Aichi Prefecture, Japan will resume production on March 17. It is reported that the above-mentioned Toyota plant will first resume the production of spare parts for automobiles, and will then restart Toyota Motor Corp's production of spare parts for overseas factories. However, the timetable for the resumption of operation of Toyota’s vehicle manufacturing plant is still uncertain.