Japanese-based joint venture car companies may soon face a “severe†dilemma. Japanese cars face "disruption": "up to the end of April"
It is understood that due to the earthquake and nuclear crisis in Japan, parts and components inventory of many Japanese joint ventures in China can only support until mid-April, and it is not known whether the supply of spare parts can keep up.
"Before buying sunlight, we have the current car supply, but now we have to wait for half a month to get the car. If we buy a customer, we have to wait one month.†Yesterday, a Dongfeng Nissan dealer CEO told reporters that it is difficult to order from the factory. Many cars are not booked, and their inventory has been declining.
Honda rejected all orders in May According to Xinhua News Agency on the 26th, Dongfeng Nissan Passenger Vehicles Co., Ltd. under Dongfeng Motor Co., Ltd. has significantly reduced production. The production plan planned by Xiangfan Factory on the 26th was already less than one-third of the usual time, and it was in a semi-discontinued state. . In response, Dongfeng Nissan stated that it has not stopped production.
The relevant person in charge of Nissan China said yesterday that there was no problem with the production of the joint venture before mid-April and how it has yet to be evaluated. As for imported cars Infiniti, stocks can be supported until the end of April.
Zeng Qinghong, general manager of GAC Group, once said that there is no problem with the production of GAC Toyota and Guangzhou Automobile Honda before mid-April.
Honda had previously stated that its joint venture production in China will not be affected until the end of March. Since the earthquake, Honda's automobile factory in Japan has been closed and will not resume production until at least April 3.
The Wall Street Journal said yesterday that Honda had rejected all orders for Japanese delivery vehicles delivered by dealers in May.
Toyota's situation in Japan is also not good. According to Toyota insiders, Toyota's 18 automakers may not be able to resume production until April 11.
In the northeastern Japan, more than 500 parts and components companies were affected by the earthquake and tsunami. The supply of electronic components and resin products was interrupted, and the Japanese auto industry was particularly hard hit by supply chain fractures. For example, Japan's Renesas Electronics, the world's leading supplier of automotive microcontrollers, suffered damage to its factory in the March 11 earthquake.
According to estimates by Deutsche Securities, one-fifth of global auto manufacturing relies on Renesas Electronics’ Ibaraki County Nakamura Factory to supply parts.
On the 29th, Toyota said that due to the disruption of the supply chain in the northeastern region of Japan due to the earthquake, the company currently has 500 kinds of automotive parts out of stock, including electronic equipment, rubber and resin products required for automobile production.
The Wall Street Journal reported on the 30th that Toyota had 233 replacement parts manufactured by suppliers who suffered severe damage to the factory in the March 11 earthquake and tsunami. In a memo, Toyota Motor said that the production of these parts could not be resumed for at least 30 days.
Due to concerns about component parts, Toyota announced on the 29th that it will restrict its US car dealers from ordering 233 Japanese-made parts. The brands involved include Toyota, Lexus and Thain sold in North America. The shipment volume will only satisfy users. Maintenance needs.
It is reported that many parts and components have only one supplier, and models equipped with this part will inevitably reduce production. For example, the Toyota Plant in Hokkaido is the only factory in Toyota that produces a continuously variable transmission (CVT). Many models of Toyota's joint venture production in China, such as Corolla, use CVT transmissions.
Mazda has also announced that its Japanese plant will stop production before April 15.
"Whether anyone can resume production after April 15 is also unclear," confirmed Yu Hongjiang, deputy general manager of FAW Mazda Automobile Sales.
It is reported that at present, FAW Mazda is still relying on inventory and parts of Mazda Japan to meet the supply of parts for production, but production capacity has also been affected.
Auto market: Japanese cars no longer cut prices Zhang Boshun, secretary general of the China Association of Automobile Manufacturers Market and Trade Committee, believes that if Japan's nuclear radiation problem cannot be solved, it will be difficult to resume work in the northeastern region, and the impact of the earthquake in Japan on the auto industry will also intensify.
It is reported that due to fear of nuclear radiation, some factory workers in northeastern Japan are reluctant to return to work. Nissan Motor’s Iwaki engine factory is located in Tochigi Prefecture.
In fact, factories that have not repaired the direct damage caused by the earthquake or tsunami are also fighting against intermittent power outages, transportation difficulties, and shortages of spare parts and workers.
A report released by the US investigation company IHS predicts that as Japanese companies cut production and cannot guarantee the supply of spare parts, by the end of March, global automakers will reduce production by approximately 600,000 vehicles. If the production of Japanese companies does not return to normal, two months after the earthquake, the global automobile production will be reduced by up to 30%.
Rao Da, Secretary-General of the National Passenger Car Information Association, believes that the worst impact of the earthquake in Japan on the Chinese auto industry may be in the middle or late April. There is no information about the manufacturers singing high-profile or sing, and the Chinese automobile industry safety warning system has no information. The more likely this is, the more serious the situation will be. There will be more non-Japanese companies that have an impact on production. .
Some sources even said that Subaru's domestic projects have also been delayed due to the earthquake in Japan. Previously, Subaru has been saying that the domestic plan will be announced by the end of March. It is reported that it will achieve a domestic joint venture with Chery.
The Morning Post reporter learned that the shortage of Japanese cars has already been reflected in the market.
"The sales in the first two months are not good. There should be a lot of price reductions for cars this month, but now everyone does not cut prices, which is related to the reduction in the supply of many models." Cui Dongshu, deputy secretary-general of the Federation of Travel Unions, said that this is not a bad choice for dealers. The good thing is that the high stocks in the first two months have just been digested, and the dealer's financial pressure has eased.
A Dongfeng Nissan dealer’s CEO told the Morning Post reporter that due to the shortage of cars, the company has reduced its offers. It is understood that some Lexus dealers have even increased prices by 2 percentage points.
However, at the same time that it is happy to increase profits, the dealers are not without worries. "If in mid-late April, the sources of supply are even more intense, and the loss of the lost market will be even greater," said one dealer.
Tensions have also caused some car companies to find opportunities to seize the market. Yu Hongjiang said that despite the shortage of vehicles, FAW Mazda will still limit the price increase of Mazda6 in order to compete for the A-class market and compete with Corolla and Civic, which are Japanese cars.
It is understood that due to the earthquake and nuclear crisis in Japan, parts and components inventory of many Japanese joint ventures in China can only support until mid-April, and it is not known whether the supply of spare parts can keep up.
"Before buying sunlight, we have the current car supply, but now we have to wait for half a month to get the car. If we buy a customer, we have to wait one month.†Yesterday, a Dongfeng Nissan dealer CEO told reporters that it is difficult to order from the factory. Many cars are not booked, and their inventory has been declining.
Honda rejected all orders in May According to Xinhua News Agency on the 26th, Dongfeng Nissan Passenger Vehicles Co., Ltd. under Dongfeng Motor Co., Ltd. has significantly reduced production. The production plan planned by Xiangfan Factory on the 26th was already less than one-third of the usual time, and it was in a semi-discontinued state. . In response, Dongfeng Nissan stated that it has not stopped production.
The relevant person in charge of Nissan China said yesterday that there was no problem with the production of the joint venture before mid-April and how it has yet to be evaluated. As for imported cars Infiniti, stocks can be supported until the end of April.
Zeng Qinghong, general manager of GAC Group, once said that there is no problem with the production of GAC Toyota and Guangzhou Automobile Honda before mid-April.
Honda had previously stated that its joint venture production in China will not be affected until the end of March. Since the earthquake, Honda's automobile factory in Japan has been closed and will not resume production until at least April 3.
The Wall Street Journal said yesterday that Honda had rejected all orders for Japanese delivery vehicles delivered by dealers in May.
Toyota's situation in Japan is also not good. According to Toyota insiders, Toyota's 18 automakers may not be able to resume production until April 11.
In the northeastern Japan, more than 500 parts and components companies were affected by the earthquake and tsunami. The supply of electronic components and resin products was interrupted, and the Japanese auto industry was particularly hard hit by supply chain fractures. For example, Japan's Renesas Electronics, the world's leading supplier of automotive microcontrollers, suffered damage to its factory in the March 11 earthquake.
According to estimates by Deutsche Securities, one-fifth of global auto manufacturing relies on Renesas Electronics’ Ibaraki County Nakamura Factory to supply parts.
On the 29th, Toyota said that due to the disruption of the supply chain in the northeastern region of Japan due to the earthquake, the company currently has 500 kinds of automotive parts out of stock, including electronic equipment, rubber and resin products required for automobile production.
The Wall Street Journal reported on the 30th that Toyota had 233 replacement parts manufactured by suppliers who suffered severe damage to the factory in the March 11 earthquake and tsunami. In a memo, Toyota Motor said that the production of these parts could not be resumed for at least 30 days.
Due to concerns about component parts, Toyota announced on the 29th that it will restrict its US car dealers from ordering 233 Japanese-made parts. The brands involved include Toyota, Lexus and Thain sold in North America. The shipment volume will only satisfy users. Maintenance needs.
It is reported that many parts and components have only one supplier, and models equipped with this part will inevitably reduce production. For example, the Toyota Plant in Hokkaido is the only factory in Toyota that produces a continuously variable transmission (CVT). Many models of Toyota's joint venture production in China, such as Corolla, use CVT transmissions.
Mazda has also announced that its Japanese plant will stop production before April 15.
"Whether anyone can resume production after April 15 is also unclear," confirmed Yu Hongjiang, deputy general manager of FAW Mazda Automobile Sales.
It is reported that at present, FAW Mazda is still relying on inventory and parts of Mazda Japan to meet the supply of parts for production, but production capacity has also been affected.
Auto market: Japanese cars no longer cut prices Zhang Boshun, secretary general of the China Association of Automobile Manufacturers Market and Trade Committee, believes that if Japan's nuclear radiation problem cannot be solved, it will be difficult to resume work in the northeastern region, and the impact of the earthquake in Japan on the auto industry will also intensify.
It is reported that due to fear of nuclear radiation, some factory workers in northeastern Japan are reluctant to return to work. Nissan Motor’s Iwaki engine factory is located in Tochigi Prefecture.
In fact, factories that have not repaired the direct damage caused by the earthquake or tsunami are also fighting against intermittent power outages, transportation difficulties, and shortages of spare parts and workers.
A report released by the US investigation company IHS predicts that as Japanese companies cut production and cannot guarantee the supply of spare parts, by the end of March, global automakers will reduce production by approximately 600,000 vehicles. If the production of Japanese companies does not return to normal, two months after the earthquake, the global automobile production will be reduced by up to 30%.
Rao Da, Secretary-General of the National Passenger Car Information Association, believes that the worst impact of the earthquake in Japan on the Chinese auto industry may be in the middle or late April. There is no information about the manufacturers singing high-profile or sing, and the Chinese automobile industry safety warning system has no information. The more likely this is, the more serious the situation will be. There will be more non-Japanese companies that have an impact on production. .
Some sources even said that Subaru's domestic projects have also been delayed due to the earthquake in Japan. Previously, Subaru has been saying that the domestic plan will be announced by the end of March. It is reported that it will achieve a domestic joint venture with Chery.
The Morning Post reporter learned that the shortage of Japanese cars has already been reflected in the market.
"The sales in the first two months are not good. There should be a lot of price reductions for cars this month, but now everyone does not cut prices, which is related to the reduction in the supply of many models." Cui Dongshu, deputy secretary-general of the Federation of Travel Unions, said that this is not a bad choice for dealers. The good thing is that the high stocks in the first two months have just been digested, and the dealer's financial pressure has eased.
A Dongfeng Nissan dealer’s CEO told the Morning Post reporter that due to the shortage of cars, the company has reduced its offers. It is understood that some Lexus dealers have even increased prices by 2 percentage points.
However, at the same time that it is happy to increase profits, the dealers are not without worries. "If in mid-late April, the sources of supply are even more intense, and the loss of the lost market will be even greater," said one dealer.
Tensions have also caused some car companies to find opportunities to seize the market. Yu Hongjiang said that despite the shortage of vehicles, FAW Mazda will still limit the price increase of Mazda6 in order to compete for the A-class market and compete with Corolla and Civic, which are Japanese cars.
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