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Japan auto faces accessory shortage

0 CommentsPrint E-mail CNTV, March 31, 2011
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Due to the impact of Japan's earthquake, the shortage of autocar accessories has increased.

Worried about parts running out, the Toyota company has announced they will subsidize and limit a list of 233 parts in the US. The brands on the list include Toyota, Lexus and Scion. The amount supplied will just meet the users' needs of repair. Lacking in engines and electronic parts, Toyota also announced to shorten production time of the US product line since.

The details about the scale of reduction and impact on brands have not been disclosed. Goldman Sachs Group estimates reducing and stopping production would cause a loss of 2 million US dollars a day.

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