More than 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 US car dealers may not get the cars they order this spring.
If parts factories in Japan stay closed for several more weeks, dealers and manufacturers will feel deepening effects: fewer cars, diminished revenue and frustrated customers.
Text & Images courtesy: AP
Image: Wreckage of Toyota Yaris compact sedans, export model for North America destroyed by the March 11 earthquake and tsunami, remain at a Sendai port, Japan.