Toyota may have to change its U.S. sales targets because of production slowdowns in Japan and North America, the U.S. sales chief of the world’s largest automaker said on Tuesday. Get the full story »
Inside these posts: Japan earthquake
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Toyota warns dealers about new car supply
Toyota Motor Corp. has warned its U.S. dealers that the supply of new vehicles could become “significantly impacted” by the summer, according to a memo distributed Sunday.
The memo is the clearest statement by Toyota that the shortage caused by the March 11 earthquake and tsunami will last into the third quarter. Get the full story »
Toyota to resume limited production in Japan
Workers walk between newly-assembled Prius vehicles near Toyota's plant in Toyota, central Japan, in this February 9, 2010 file photo. (Reuters/Yuriko Nakao/Files)
Toyota Motor Corp. and Nissan Motor Co. said Friday that they will resume production at all factories in Japan from mid-to-late April, joining Honda Motor Co. in an industry-wide move indicating a month-long parts shortage may be abating.
But Japan’s Big Three auto makers all say their output at home still will be only at half of normal volumes. Get the full story »
McDonald’s Japanese sales fall 7.3% after quake
The Japanese unit of McDonald’s Corp. said Friday that same store sales in March declined 7.3 percent on year, falling short of year-earlier levels for the first time in four months due to the massive earthquake and tsunami that struck northeast Japan. Get the full story »
Oil tops $110 after latest Japan quake
Oil prices jumped above $110 a barrel after Japan was hit with another major earthquake. April oil futures rose $1.32, or 1.3 percent, to $110.15 a barrel. Prices had jumped as high as $110.44 – a level not seen since September 2008. Get the full story »
United, Continental cutting capacity to Japan
United and Continental airlines are reducing flights between the U.S. and Japan because of a drop in demand since the March 11 earthquake and tsunami. Get the full story »
McDonald’s boosts exports to Japan after quake
McDonald’s Corp. has been forced to step up imports to Japan of items like sauces, oil and lettuce by between 10 percent and 20 percent to counter supply-chain disruptions and damage from the earthquake and resulting tsunami. Get the full story »
Consumer confidence slips from three-year highs
U.S. consumer confidence fell in March after hitting a three-year high in the prior month as expectations about jobs and income growth worsened, according to a private sector report released on Tuesday. Get the full story »
Exelon unable to quantify quake costs
The U.S. nuclear industry will see a “significant” increase in operating and regulatory costs following the Japanese nuclear emergency, but the magnitude won’t be known for several months, the head of the largest fleet of U.S. nuclear reactors said on Thursday. Get the full story »
FDA bans some food imports from Japan
The Food and Drug Administration is banning imports of milk and fresh fruit and vegetables from areas near the Fukushima Daiichi nuclear plant that was damaged by the March 11 earthquake and tsunami. Get the full story »
Consumers better off buying Japanese cars now
If you’re in the market for a new car, but especially if you’re looking at a fuel-efficient Japanese model, experts say you’re better off buying now because prices will only get higher in coming weeks as the effects of the earthquake in Japan and the unrest in Libya and the Middle East start to be felt. Get the full story »
General Motors halts some production at plant
General Motors Co. is halting some production at its Buffalo, N.Y., engine plant because of a slowdown in parts from Japan. Get the full story »
Deere expects delays in excavator deliveries
Deere & Co. said Friday it expects delivery delays for some construction excavators built under a joint venture with Japanese equipment manufacturer Hitachi. Get the full story »
Airlines face ‘major slowdown’ due to Japan: IATA
The nuclear and earthquake crises in Japan will cause a “major slowdown” for airlines in Japanese markets, and a rebound is unlikely before the second half of 2011, a leading airline industry trade group said on Friday. Get the full story »
Caterpillar warns of supply chain disruptions
Caterpillar Inc. said disruptions in its supply chain in Japan could sporadically affect the company’s assembly plants elsewhere in the world.
The Peoria-based manufacturer of construction equipment said Friday it is attempting to secure alternative sources for components produced by Japanese-based suppliers in case they aren’t able to provide sufficient volumes of components in the aftermath of last week’s earthquake and tsunami in northeast Japan. Get the full story »
