Automakers Pinched by West Coast Port Delays
Press release from the issuing company
Tuesday, February 17th, 2015
Car shortages are looming as the labor dispute continues to interrupt work at West Coast ports, where some key parts for Asian-brand automakers arrive.
The situation underlines the fact that the car business is global, despite major efforts to localize production. And it exposes how vulnerable automakers' cost-saving, just-in-time inventory delivery systems are to interruption.
Honda said it will slow production beginning Monday at plants in Ohio, Indiana and Canada because of shortages of "several critical parts," including "electronics, and some larger assemblies such as transmissions" that arrive via West Coast ports.
