The Japan earthquake has wiped out production of more than half a million vehicles in the country’s auto industry in the last month. Toyota was hit hardest and warned that the U.S. auto market could see shortages of certain vehicles in the third quarter of 2011. Japan’s auto production disruptions have also affected Ford, which Read on! →
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The Japan earthquake and tsunami has effectively shut down the Japanese auto industry. Japanese auto plants escaped major damage from the earthquake and tsunami, but rolling blackouts triggered by stricken nuclear reactors have halted production. The Japanese auto shutdown is likely to affect Toyota the most. Toyota stock, as well as shares for other Japanese Read on! →