The WSJ reports that Toyota, Nissan, and Honda will continue their manufacturing operations in Japan in late April. Unfortunately, the production will be at half of its original production volume, for an indefinite time length. These 3 auto giants have discontinued their operations for three months due to the earthquake destruction. This has a ripple effect on its counterpart factories around the world -- Toyota, Nissan and Honda also have reduced production level at overseas plants.
This is good news for Japan. I'm glad to see companies are getting back on their feet. Hopefully Japan's economy will recover soon enough. Of course, this is great news for American auto makers. No longer will Japanese cars be the dominant force they once were. GM and others will finally gain the upper hand and win back the American consumer market.
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