Analyst: Auto Industry Just Starting to Feel Impact of Japan Quake
GM idled another plant because of parts shortages, as a top analyst warned that the industry won't start to feel the real impact of the Japan earthquake for three more weeks.
Watch CBS News
GM idled another plant because of parts shortages, as a top analyst warned that the industry won't start to feel the real impact of the Japan earthquake for three more weeks.
As gas prices rise, so does the value of that used car sitting in your driveway.
Honda says it expects to resume auto and motorcycle production in Japan on Wednesday.
A General Motors spokesman says the move will help the automaker preserve cash as it deals with the financial implications from shortages of parts made in Japan
"While our intent was to improve the piece by making these passages less grating, our decision to make these changes after fielding an advertiser's complaint was a humbling mistake," writes Wolman.
McAlindin says nearly every car built in the U.S. relies on parts from Japan; mostly electronics.
WWJ and Fox Two Business Editor Murray Feldman says the automaker calls it a "precaution."
Continental is recalling nearly 400,000 tires that could have uneven wear and vibration and ultimately lead to tread separation.
Honda is recalling new models of the Civic compact car and Odyssey minivan over leaking fuel tanks and faulty windshield wiper rods, respectively.
General Motors will halt production at its pickup truck plant in Shreveport, Louisiana next week because of a shortage of parts from Japan.
The Chrysler 200 may have been a commercial hit with audiences for the Super Bowl TV ad, but criticism of that car has led to the resignation of one Detroit area auto critic.
Ford unveils its transformed Michigan Assembly plant and the 2012 Ford Focus.
Over 100 Ford employees in Japan are not being called back home from the earthquake and tsunami ridden country.
According to the J.D. Power and Associates 2011 U.S. Vehicle Dependability Study released Thursday, overall vehicle dependability has improved from 2010.