Toyota, Sony keep Japan production curtailed

By Annalyn Censky, staff reporter


NEW YORK (CNNMoney) -- Toyota Motor said Tuesday that it is extending a halt on full vehicle production in Japan through March 26 as it and other major manufacturers try to recover from the effects of this month's earthquake.

The nation's three largest automakers, Toyota Motor (TM), Honda Motor (HMC) and Nissan (NSANY), as well as electronics maker Sony (SNE) all shut down factories following the earthquake and tsunami that killed at least 9,000 people and left another 13,500 missing.

Toyota said it resumed production of auto parts on March 17. It also said all of the company's 13 North American factories are running normally, although they've cut overtime hours to conserve parts that come from Japan.

Meanwhile, three of Nissan's four Japanese plants were up and running again Monday, although their capabilities were limited to producing auto parts. Nissan plans to resume full vehicle production on Wednesday.

Honda will keep its two Japanese factories that make finished automobiles closed through at least March 27th, a spokesman for the automaker said. Meanwhile, Honda's U.S. dealers have been asked to stop ordering new Japanese-built cars. However, most Honda cars sold in the U.S. are produced in North American factories and those factories are still operating.

Sony said it has resumed partial operation at a lithium ion battery plant and a Blu-ray disc recorder plant as of Tuesday.

But Sony said it has suspended operations through March 31 at facilities making such things as camcorders, broadcasting equipment, camera lenses and microphones due to limited raw materials and components. Several other facilities remain shut due to quake and tsunami damage, as well as scattered power outages caused by the nuclear plant crisis in Fukushima. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.32%4.26%
15 yr fixed3.36%3.27%
5/1 ARM3.37%3.27%
30 yr refi4.31%4.24%
15 yr refi3.34%3.25%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 16,408.54 -16.31 -0.10%
Nasdaq 4,095.52 9.29 0.23%
S&P 500 1,864.85 2.54 0.14%
Treasuries 2.72 0.08 3.19%
Data as of 6:19pm ET
Company Price Change % Change
Bank of America Corp... 16.15 0.02 0.12%
Facebook Inc 58.94 -0.78 -1.31%
General Electric Co 26.56 0.44 1.68%
Cisco Systems Inc 23.19 0.16 0.69%
Micron Technology In... 23.91 1.43 6.36%
Data as of 4:01pm ET
Sponsors

Sections

GM won't have to tell customers to keep their recalled cars parked until fixed, after a federal judge denied emergency motion Thursday. More

Obamacare sign ups hit 8 million, though final enrollment remains to be seen. More

Schwinn, Trek and Cannondale are all iconic American bicycle brands. But none of them are made in the United States. More

As Detroit moves closer to reaching a bankruptcy deal, retired civilian workers are poised to be left worse off than firemen and police officers. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.