Japanese car exports to U.S. threatened by tsunami
Many car plants in Japan remain closed as a result of the massive earthquake and tsunami.
Japanese carmakers say it’s too early to know if the disaster will hurt their exports to the U.S.
Toyota, Nissan, Subaru and Honda suspended most of their operations in Japan after the disaster, and many plants remain closed today.
Nissan says small fires broke out at two plants but the fires were quickly extinguished.
One Honda employee in Japan was killed when a cafeteria wall collapsed at Honda’s Research & Development Center in Tochigi.
More than thirty Honda employees were also injured in Honda facilities in Tochigi due to ceilings collapsing and other damage that took place during the earthquake.
Exports to the U.S. are threatened not just by damage to plants but damage to Japanese ports.
There could also be parts disruptions from damage to Japanese suppliers.