Wednesday, March 30, 2011

JAPAN 'QUAKE: ASEAN affected by parts supply disruptions

Thailand’s automotive industry expects to resume normal production after the Thai New Year holidays on 18 April, after overtime was suspended at many vehicle assembly plants in the country in the immediate aftermath of Japan’s devastating earthquakes and tsunamis.

The Federation of Thai Industries estimates lost production to date at around 10,000 vehicles, as the industry cut overtime in anticipation of potential parts supply shortages in Japan. The federation expects this number will eventually amount to tens of thousands of units as supply chain disruption forces more downtime. It estimates the current production loss at around 5,000 vehicles per week.