TOKYO - Disaster in Japan affecting the worldwide automotive industry, not least in South Korea. Some manufacturers in the Country of ginseng began to reassess its production because of fear of lack of supply components from Japan. This condition is then used Hyundai Mobis Company - South Korean component companies - to reach the open market.
"This condition can be a business opportunity for Hyundai Mobil because the assembly plant will begin to look for alternative supplies can be maintained production remains stable," said a spokesman Hyundai Cars Company Kye-Yong Cho, as reported by autonews, yesterday.
Some manufacturers are still dependent by the supply of Japan in South Korea is Korea's GM and Renault Samsung Motors Corporation (RSMC). Yena Cho, RSMC spokesman said the factory has begun to stop the activities of overtime on weekends, resulting in decreased production capacity of 2000-2500 units of this month (March 2011).
Meanwhile, Hyundai Motor Company admitted no effect with natural disasters in Japan, despite using the supply of components such as transmission and alternator from Aisin Seiki and Denso. HMC spokesman Frank Ahrens confessed, the number of Japanese components are used only 1 percent of all car parts. "Stock our component is still enough for one to two months in advance,"explained Ahrens.
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