Saturday, March 19, 2011

Automakers Feel Worsening Effects Of Japan Crisis


Most Of Japan's Auto Industry Shut Down

POSTED: 5:36 pm EDT March 18, 2011
UPDATED: 6:35 pm EDT March 18, 2011

A week after the disaster in Japan erupted, its impact on automakers around the world is worsening.
Most of Japan's auto industry is shut down. Factories from Louisiana to Thailand are low on Japanese-made parts. Idled plants are costing companies hundreds of millions of dollars. And U.S. car dealers may not get the cars they order this spring.

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