Ford today revealed that there will be a massive shortage of electronic parts in the wake of the Japanese Earthquake and Tsunami tragedy.
Toyota and Honda in Japan have announced temporary shut-downs as a result of the quake with General Motors in the US even shutting down as they cannot obtain parts.
A Spokesperson for car manufacturers Ford said:
“We have automotive plants that are shutting down because they can’t get an adequate supply of those parts that are needed of producing electronics for going into automobiles.”
The components that are currently in short supply are key in the production of Ford transmission systems, and Ford brake master cylinders and consumers are advised to buy used Ford parts such as used Ford Brake Calipers
Experts are already predicting that it could take up to six months for plants in Japan to be up and running at full capacity again. Both electronic and motor companies have already started looking for suppliers in other countries.
Manufacturers have stressed that their will be no increase in price because of the shortage but Data Analyst Dale Ford commented:
“The laws of supply and demand are in place and if there’s a shortage or even a perceived shortage there may be some increase in the price or lessening of bargaining power.”
If the situation in the Far East doesn’t improve it could start effecting customers in the US and UK as early as next month (April).
Consumers needing parts that are being delayed due to the parts shortage may well be advised to look at finding these parts through parts finder sites.
Companies such as Car Part Buyer and other parts finder services with links to millions of shelved car parts. All customers need to do is fill in a simple form online, quotes are then made available to them through a unique web based system. Taking all the hassle of trawling around breaker yards away.