According to Toyota Motor Corp. (7203), Nissan Motor Co. as well as Honda Motor Co. manufacturing of car in China had not been affected following the strongest earthquake till date in Japan compelled parts manufacturers to cease plants.
The production at Toyota’s China ventures is still carrying on at a normal pace, according to Liu Peng, a Beijing-based spokesman, who spoke today without elaborating. Operations at plants by Nissan have till now had no impact since previous week’s earthquake and tsunami havoc in Japan, according to spokesman Akihiro Nakanishi.
Honda’s factories in China have ample parts supplies for making sure of the outputs until the end of the week, according to Takayuki Fujii, a spokesman based in Beijing.
The three biggest automakers in Japan shut down all their plants following the 9.0 on the Richter scale earthquake and the tsunami wreaking havoc and devastation in the nation on 11th March this year.
Japanese automakers had made up for approximately 20pc of deliveries in the biggest car market in the world in 2010, as deduced from figures from the China Association of Automobile Manufacturers.
According to Nakanishi, Nissan makes an approximate purchase of 90pc of auto parts utilized at its China plants in the domestic market.
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