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IHS Automotive estimates Japan automakers will lose about 65% of their vehicle output - roughly...

IHS Automotive estimates Japan automakers will lose about 65% of their vehicle output - roughly 338K cars - in the 1st two weeks following the earthquake. Lost production outside the country is minimal, but will rise "exponentially" as components for vehicles become less available.
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Comments (2)
  • kmi
    , contributor
    Comments (4093) | Send Message
     
    What happens if demand stays the same while supply falls...
    21 Mar 2011, 09:02 PM Reply Like
  • Ben Gee
    , contributor
    Comments (11177) | Send Message
     
    If demand out strip supply, prices will go up. When price goes up, other supplier will increase production while demand will come down until a new equilibrium is reached.
    22 Mar 2011, 05:42 AM Reply Like
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