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Nissan shuts Down

Just read where Nissan is shutting down four of its factories until they can get parts.Have to feel bad for the people there... Wonder what impact this will have on

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Old 03-13-2011, 05:59 PM   #1 (permalink)
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Default Nissan shuts Down

Just read where Nissan is shutting down four of its factories until they can get parts.Have to feel bad for the people there... Wonder what impact this will have on the cost of a new 370 or that matter a used one................
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Old 03-13-2011, 06:07 PM   #2 (permalink)
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Plants are only shut down for yesterday and today. To be re-assessed to reopen tomorrow (Monday). The quake and tsunamis' effects on Nissan was minor.

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Old 03-13-2011, 07:00 PM   #3 (permalink)
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Quote:
Originally Posted by Nitrouz View Post
Plants are only shut down for yesterday and today. To be re-assessed to reopen tomorrow (Monday). The quake and tsunamis' effects on Nissan was minor.

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Thank you for this I found this very informative Im watching the status of the Nissan factories as I have just placed an order.
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Old 03-13-2011, 07:33 PM   #4 (permalink)
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Yah, they are on controlled black outs to save electricity so production will be disrupted.
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Old 03-13-2011, 07:35 PM   #5 (permalink)
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Originally Posted by mdezz View Post
Thank you for this I found this very informative Im watching the status of the Nissan factories as I have just placed an order.


a japanese car blog i was reading stated that production might not resume for 14 days
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Old 03-13-2011, 08:02 PM   #6 (permalink)
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This earthquake and tsunami will cause some serious damage to Japan's already fragile and stagnant economy unfortunately, a real shame for them. It'll be interesting if the US will decide to help them in that regard especially as they are one of the largest holders of our national debt.
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Old 03-14-2011, 12:55 AM   #7 (permalink)
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It's not always the case. The rebuild of infrastructure and manufacturing goes back to the local economy. WWII dug US out of the great depression.
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Old 03-14-2011, 01:20 AM   #8 (permalink)
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Companies and the government still have to pay for the clean up and rebuilding efforts while there are workers and companies paid to work. It all evens out I guess, but time will tell how Japan recovers I think.
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Old 03-14-2011, 01:50 AM   #9 (permalink)
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Quote:
Originally Posted by sonic370 View Post
Just read where Nissan is shutting down four of its factories until they can get parts.Have to feel bad for the people there... Wonder what impact this will have on the cost of a new 370 or that matter a used one................
Dont they have more factory in Tokyo? They shouldn't stop working just because one of their small town is destoryed....
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Old 03-14-2011, 08:12 AM   #10 (permalink)
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From nissan press release:

Tochigi Plant, Iwaki Plant
Suspending operations until Friday, March 18


which is where 370z are manufactured, i think.
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Old 03-14-2011, 11:36 AM   #11 (permalink)
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Dont they have more factory in Tokyo? They shouldn't stop working just because one of their small town is destoryed....
yah, not so easy. you're talking about thousands of suppliers that sell product to nissan. one missing part and you got no car.

also they are under routine power outages, container yards are a mess, freight schedules are a mess, etc.

time you learn about supplychain management before posting crap like this.
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Old 03-14-2011, 11:52 AM   #12 (permalink)
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Originally Posted by cossie1600 View Post
It's not always the case. The rebuild of infrastructure and manufacturing goes back to the local economy. WWII dug US out of the great depression.
Common misconception. Many people believe disasters boost the economy, but they generally harm it, and hamper efforts to improve things.

On paper, things appear to be getting better, due to job creation, inflated GDP, etc, but most good economists would disagree.

Occasionally, war or disaster will spark a recovery by forcing people to act immediately, but it usually would have been a more substantial growth without the war to instigate it.

Natural disasters are much the same way, with Katrina boosting LA's numbers on paper, but obviously not actually helping them get ahead.
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Old 03-14-2011, 01:00 PM   #13 (permalink)
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wars and catostrophes do not boost economic output.

as far as the depression being ended by WWII is a false misconception. The war decreased the unemployment rate and caused the US growth rate to increase substantially, but only due to war spending. this spending was taken in the form of debt. our natonal debt grew from some $72b to over $250b due to war.

i dont feel like getting into details, being that I am at work (as an economist)...
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Old 03-14-2011, 01:25 PM   #14 (permalink)
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Togichi Plant might resume production as soon as Friday the 18th
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Old 03-14-2011, 01:32 PM   #15 (permalink)
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Originally Posted by cossie1600 View Post
It's not always the case. The rebuild of infrastructure and manufacturing goes back to the local economy. WWII dug US out of the great depression.
Also US infrastructure wasn't destroyed by WWII (Pearl Harbor wasn't industrial infrastructure). Now, everyone else's infrastructure being destroyed and you being left as the world's supplier for everything certainly does help. Case in point post WWII USA.
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