VIDEO: Japanese Earthquake Rattles American Car Industry

March 31, 2011 by · Comments Off 

By Bridget Bennett

VIDEO: Japan Impact from on Vimeo.

The effects of the tsunami and earthquake in Japan are being felt throughout the American auto industry.

Toyota announced that it’s U.S. manufacturing plants are preparing for a possible shutdown. More than 70 percent of their vehicles are produced in the U.S.; however, small component parts made in Japan are needed to continue production.

Foreign-based auto companies are not alone in this crunch.

American auto producers Ford and General Motors depend on small component parts like paint pigments and computer chips that are manufactured in Japan.