Imports Of Japanese Automobile Parts Hit

Japan is reeling under its worst disaster since the world war and its effect is being felt globally. Japanese manufacturers in India are facing supply constraints as parent companies are shut due to the recent earthquake and tsunami.

Short supply of spares will hamper production in the near future. Amongst those affected are Honda, which imports parts for the Accord and Maruti Suzuki, which import and engines and other parts for its models in India.

Maruti Suzuki has also canceled celebrating their 1,00,00,000th car roll out today.

“This is a big tragedy on mankind. That is why we are not doing anything on our one crore production mark. We have cancelled everything, this is not the time to celebrate” – R C Bhargava, Chairman, Maruti Suzuki India

“We are assessing the impact on vendors that supply to our parent company Suzuki Motor Corp” – Shashank Srivastava, Chief General Manager, Maruti Suzuki.