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Nissan comes up for air

Japanese automaker Nissan ( NSANF ) will resume operations at a plant damaged by last week's 9.0 Richter Scale earthquake and the tsunami it generated, Reuters reports .

While the nation endures humanitarian, infrastructure and nuclear crises caused by events from Friday, Nissan has begun repairing damages and organizing deliveries despite the belief that the natural disasters will profoundly impact the Japanese and international automobile industry and markets.

"Although all plants, except for the Iwaki engine plant, have been able to repair some damaged facilities and/or equipment, it is still taking time to arrange delivery of parts from our suppliers," Nissan said in a statement.

Production at the Kyushu plant will resume on Thursday and Friday while supplies last. Plans for beyond Saturday are yet to be determined.

The company suspended operations at plants in Oppama, Tochigi and Yokohama through March 20. The Nissan Shatai plant also discontinued production through Sunday.

"As for the Iwaki engine plant, with aftershocks still heavily impacting the region, restoration activities are expected to take longer than at other plants," according to the company.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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