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................

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.

Nissan/Infiniti News Room

Thank you for this I found this very informative Im watching the status of the Nissan factories as I have just placed an order.

Yah, they are on controlled black outs to save electricity so production will be disrupted.

a japanese car blog i was reading stated that production might not resume for 14 days

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.

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.

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.

Dont they have more factory in Tokyo? They shouldn't stop working just because one of their small town is destoryed....:mad:

From nissan press release:

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


which is where 370z are manufactured, i think.

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.

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.

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)...

Togichi Plant might resume production as soon as Friday the 18th

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.