Earthquake in Japan could cause car shortage - WRCBtv.com | Chattanooga News, Weather & Sports

Earthquake in Japan could cause car shortage

Posted: Updated:

CHATTANOOGA (WRCB)-- Japan is known for numerous products we purchase here in the United States, including cars.

And with the devastation caused by a record 9.0 earthquake, car dealers both nationally and locally expect setbacks when it comes to supply and demand.

While many of the Japanese concepts are built here in America, some models are only built in Japan.

Johnny Pye, owner of Pye Automobiles, says he expects shortages.

"We don't yet know exactly to what extent yet, but we do feel there's going to be some shortages, especially on the cars that are assembled in Japan," says Pye.

The car dealer says even the models built in the U.S. rely on Japan for approximately 25% of the automotive components.

He says a long-term shortage could slow production and potentially impact the workforce.

"If there is a prolonged shortage of content from Japan, yes, it will slow the assembly lines and could create layoffs," says Pye.

Pye says he doesn't expect job loss at the dealership level or issues with maintaining cars already on the road.

  • NewsMore>>

  • Alabama readying for solar eclipse

    Alabama readying for solar eclipse

    Monday, August 21 2017 5:47 AM EDT2017-08-21 09:47:22 GMT

    Alabamians from the Tennessee Valley to the coast are getting ready to view the solar eclipse on Monday. 

    More

    Alabamians from the Tennessee Valley to the coast are getting ready to view the solar eclipse on Monday. 

    More
  • Eclipse watchers flocking to Tennessee sites

    Eclipse watchers flocking to Tennessee sites

    Monday, August 21 2017 5:41 AM EDT2017-08-21 09:41:15 GMT

    Eclipse watchers are flocking to locations all over Nashville, Tennessee, the largest city in the path of the solar eclipse, to watch the celestial event. 

    More

    Eclipse watchers are flocking to locations all over Nashville, Tennessee, the largest city in the path of the solar eclipse, to watch the celestial event. 

    More
  • The Latest: Damaged USS John S. McCain reaches Singapore

    The Latest: Damaged USS John S. McCain reaches Singapore

    Monday, August 21 2017 5:03 AM EDT2017-08-21 09:03:30 GMT
    (James Vazquez/U.S. Navy via AP). In this Jan. 22, 2017, photo provided by U.S. Navy, the USS John S. McCain conducts a patrol in the South China Sea while supporting security efforts in the region.(James Vazquez/U.S. Navy via AP). In this Jan. 22, 2017, photo provided by U.S. Navy, the USS John S. McCain conducts a patrol in the South China Sea while supporting security efforts in the region.

    The U.S. Navy says the USS John S. McCain has arrived at Singapore's naval base with "significant damage" to its hull after a collision early Monday between it and an oil tanker. 

    More

    The U.S. Navy says the USS John S. McCain has arrived at Singapore's naval base with "significant damage" to its hull after a collision early Monday between it and an oil tanker. 

    More
Powered by Frankly