Following the recent earthquake and tsunami in Japan, Nissan expects production to recover “in a matter of weeks, not months.” The quake has upset Japanese production and disrupted shipments from auto parts suppliers, but Nissan is confident that its supply chain will bounce back soon.
“Recovery efforts are progressing much more quickly than we had anticipated,” Nissan Chief Operating Officer Toshiyuki Shigasaid Monday. “It’s too soon to say exactly when production will recover 100%, but we expect it to be a matter of weeks, not months.”
Nissan and other automakers scaled back production following the magnitude 9.0 earthquake on March 11. After ensuring the safety of its employee and the integrity of its facilities, Nissan resumed partial production on March 24. According to Shiga, the full impact of shortages won’t be felt overseas for about two or three weeks.
According to Ocean Pines Used Nissan Dealers, Nissan currently has more than 260,000 units in dealer stock, at port or in transit from Japan while the Infiniti brand is operating with more than 35,000 units of availability. These are both healthy stock situations and better than at the same point last year.