Multinational companies in several sectors are warning of supply-chain disruptions, after the earthquake, tsunami and nuclear crisis in Japan.
General Motors became among the first groups outside of Japan to announce a direct impact on production as a result of the disasters. The US carmaker announced that it would halt output from Monday at an assembly plant in Louisiana due to a shortage of parts from Japan. The company said it had sufficient vehicles to meet customer demand.
Sony Ericsson, the smartphone joint venture between Japan’s Sony and Sweden’s Ericsson, said the earthquake would affect its supply chain and German carmaker Volkswagen warned of a possible medium-term components shortage.