The situation in Japan for the country�s automobile industry appears to be much worse than originally believed with many carmakers struggling to resume domestic output following the magnitude-9 earthquake and tsunami on March 11 that killed thousands of people and damaged factories as well as infrastructure.
Following yesterday�s announcement from Toyota, Subaru said today that it will extend closures at all five of its automobile assembly plants in Japan until Monday, March 28. The automaker�s parent company Fuji Heavy Industries Ltd. (FHI) had previously announced its production suspension until March 24.
Read more �