Boch: Quake Could Be ‘Devastating’ To Japan’s Auto Industry
BOSTON (CBS/AP) – A local auto dealer with extensive contacts in Japan said Friday’s historic earthquake could be “devastating” to the auto industry there.
Japanese automakers Toyota, Nissan and Honda halted production at some assembly plants in areas hit by the quake.
Ernie Boch, Jr. told WBZ NewsRadio 1030 he’s trying to contact people over there to try to get a sense of the extent of damage.
“The earthquake was about 250 miles northeast of Tokyo. The Subuaru factory, the Gunma plant, is about a hundred miles northwest of Tokyo,” Boch said.
“There is a port by Gunma, which is north of Tokyo and we heard that it did get flooded. We don’t know where those cars were headed.”
Boch talks to WBZ NewsRadio 1030′s Carl Stevens
Boch said it’s too early to know how much it will hurt supply.
“It’s so new, it’s hard to get information.”
Boch visits Japan at least once a year and has been there for two earthquakes.
(TM and © Copyright 2010 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)