New vehicle supply

 

 

It looks like the earthquake and tsunami that hit Japan is now really affecting the supply of new cars. 

 

Honda, Nissan and Toyota are all having problems with the supply of parts and they are slowing the production in their North American plants.  They are also controlling the trim levels being built due to the parts shortage. 

 

What does this mean to you the consumer?  There will be limited choices of what you can purchase and there will be no discounts or rebates on what is available. 

This is a difficult time to be in the market for a new car because even the Detroit 3 are having inventory issues.  The microprocessors needed in their vehicles are made in Japan and Chrysler, Ford and GM are having a difficult time getting what they need. 

The expectation is that this may last for months.