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Economy
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Title: Government Motors shutters US plant on Japan parts shortage
Source: Breitbart
URL Source: http://www.breitbart.com/article.ph ... 2db3261792.12c1&show_article=1
Published: Mar 17, 2011
Author: afp
Post Date: 2011-03-17 17:03:32 by Happy Quanzaa
Keywords: None
Views: 6214
Comments: 8

A shortage of car parts from disaster-struck Japan has forced General Motors to temporarily shutter one of its factories in the United States, the firm said Thursday.

Production at an assembly plant in the southern state of Louisiana will halt for one week "due to a parts shortage resulting from the crisis in Japan," the Detroit, Michigan-based company said.

The 30-year old Shreveport factory employs 923 workers, producing the Chevrolet Colorado and GMC Canyon vehicles.

Before the announcement, experts had expressed fears that damage and blackouts in quake-hit areas of Japan could cause parts shortage around the world.

While Japan produces a vast range of cars each year, Japanese manufacturers are also a vital cog in the supply chain for US and European automakers.

"Like all global automakers, we will continue to follow the events in Japan closely to determine the business impact," GM said.

"We will resume production at Shreveport as soon as possible," it said.

"At all other plants in North America, we continue to run normal operations."

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Begin Trace Mode for Comment # 5.

#5. To: Happy Quanzaa (#0)

"At all other plants in North America, we continue to run normal operations."

What plants?????????????????????????????????????????????????????????????????????

Yea the car unions are just so great, more unemployed members while the Japanese make the parts..... for much less too......

CZ82  posted on  2011-03-17   19:37:19 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 5.

#6. To: CZ82, Happy Quanzaa (#5)

Yea the car unions are just so great, more unemployed members while the Japanese make the parts..... for much less too......

Most auto workers in Japan are unionized. If you do the math it works out to about $70K a year per Japanese employee.

http://www.japaneconomynews.com/2007/03/15/japans-auto-workers-get-pay-raises-a- bit-and-better-bonuses/

Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co., Japan’s three biggest automakers, agreed to pay higher bonuses and raise average base salaries next business year as the companies forecast record sales.

Godwinson  posted on  2011-03-18 00:44:47 ET  Reply   Untrace   Trace   Private Reply  


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