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March 24, 2011

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Toyota delays new Prius models launch

TOYOTA Motor Corp said yesterday it would delay the launch in Japan of two new additions to the Prius line-up, a wagon and a minivan, from the originally planned end-April due to production disruptions from this month's devastating earthquake.

The world's biggest auto maker has suspended output at all of its 12 domestic assembly plants at least through Saturday and has estimated a production loss of 140,000 vehicles until then.

Toyota is among hundreds of Japanese manufacturers facing disruptions to their supply chains as a result of the quake, the subsequent tsunami and a still-unresolved nuclear threat.

"We still don't know the full extent of what can be done to substitute the affected parts," Honda Motor Co spokeswoman Natsuo Asanuma said. Japan's No.3 auto maker has suspended production in Japan at least until Sunday.

Japanese companies are not only reeling from damage to factories and suppliers in quake-hit northeastern Japan, but are also suffering from fuel shortages nationwide and power outages in the Tokyo area that are affecting production, distribution and the ability of staff to get to work.

Ford Motor Co said yesterday it had felt no immediate impact or disruption from the earthquake in Japan this month and it was looking for strong growth in the Association of Southeast Asia region.

The second-largest American auto maker planned to launch eight new products in the region over the next five years, Peter Fleet, the president of Ford ASEAN, said.




 

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