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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16645355" data-attributes="member: 137766"><p>Not a lot of good news unfortunately...this crap could really drag out.</p><p></p><p></p><p><a href="https://seekingalpha.com/news/3718173-toyota-and-honda-to-suspend-at-asian-plants-due-to-parts-shortage" target="_blank">Toyota, Honda to suspend work at Asian plants due to parts shortage</a></p><ul> <li data-xf-list-type="ul">Toyota Motor Corp (<a href="https://seekingalpha.com/symbol/TM" target="_blank">TM</a> -0.8%) <a href="https://www.reuters.com/business/autos-transportation/toyota-halt-subsidiarys-plant-due-parts-shortage-2021-07-22/?taid=60f994d59f257b0001a5e740&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter" target="_blank">announced</a> today that it would be shutting down its three Thailand plants and a subsidiary's plant in Japan for at least five days due to the ongoing parts shortage.</li> <li data-xf-list-type="ul">Toyota has a production capacity of 550,000 vehicles a year in Thailand.</li> <li data-xf-list-type="ul">Competitor Honda Motor Co (<a href="https://seekingalpha.com/symbol/HMC" target="_blank">HMC</a> -0.8%) announced Wednesday that the company would also close one of their Japanese plants due to the shortage.</li> <li data-xf-list-type="ul">A third wave of COVID-19 outbreaks have ravaged Southeast Asia and many car component companies have had to suspend or reduce work to protect their employees.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16645355, member: 137766"] Not a lot of good news unfortunately...this crap could really drag out. [URL='https://seekingalpha.com/news/3718173-toyota-and-honda-to-suspend-at-asian-plants-due-to-parts-shortage']Toyota, Honda to suspend work at Asian plants due to parts shortage[/URL] [LIST] [*]Toyota Motor Corp ([URL='https://seekingalpha.com/symbol/TM']TM[/URL] -0.8%) [URL='https://www.reuters.com/business/autos-transportation/toyota-halt-subsidiarys-plant-due-parts-shortage-2021-07-22/?taid=60f994d59f257b0001a5e740&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter']announced[/URL] today that it would be shutting down its three Thailand plants and a subsidiary's plant in Japan for at least five days due to the ongoing parts shortage. [*]Toyota has a production capacity of 550,000 vehicles a year in Thailand. [*]Competitor Honda Motor Co ([URL='https://seekingalpha.com/symbol/HMC']HMC[/URL] -0.8%) announced Wednesday that the company would also close one of their Japanese plants due to the shortage. [*]A third wave of COVID-19 outbreaks have ravaged Southeast Asia and many car component companies have had to suspend or reduce work to protect their employees. [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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