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Here's are some of the cars that may be most affected by the Japanese earthquake, and the alternative models worth considering from American, European and Korean companies.Įlectric Cars Despite the shipment that made it out of Japan, Nissan has had trouble keeping up with demand for the Leaf (at right). plants until they got a better idea of their parts supply situation. Subaru and Toyota announced they were slowing down production in U.S.
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A shortage would also affect Detroit-based companies, since they too use some Japanese electronic parts, including computer chips and navigation systems. The company said, however, that it was still assessing the long-term impact of the tsunami since a few parts are still made in Japan. For instance, Honda, which makes 80% of its models sold here in North American plants, noted in a statement that the most of the parts for those models come from factories in the region. Supplies of these models should be disrupted less, if at all.
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Some of the most popular Japanese models - such as the Toyota Camry and Honda Accord - are made in U.S. That would ease price competition for other brands, suggests Lachey Plache, an economist at Edmunds. The bad news for you is that new car prices may rise as Japanese companies have less inventory to move and therefore less need for rebates and other incentives. "With rising gas prices in the U.S., demand for fuel-efficient vehicles is likely to increase, and auto makers who have a supply of these cars will reap the benefits." High-mileage models from Ford and Chevrolet may end up getting more attention, and reviewers say those American alternatives are surprisingly competitive. "Japanese hybrids and small cars, with few exceptions, are produced in Japanese plants," notes Jessica Caldwell, director of pricing and industry analysis at.