Components Company in Korea benefited from Japanese Tsunami

TOKYO - Disaster in Japan affecting the worldwide automotive industry, not least in South Korea. Some manufacturers in the Country of ginseng began to reassess its production because of fear of lack of supply components from Japan. This condition is then used Hyundai Mobis Company - South Korean component companies - to reach the open market.

"This condition can be a business opportunity for Hyundai Mobil because the assembly plant will begin to look for alternative supplies can be maintained production remains stable," said a spokesman Hyundai Cars Company Kye-Yong Cho, as reported by autonews, yesterday.

Some manufacturers are still dependent by the supply of Japan in South Korea is Korea's GM and Renault Samsung Motors Corporation (RSMC). Yena Cho, RSMC spokesman said the factory has begun to stop the activities of overtime on weekends, resulting in decreased production capacity of 2000-2500 units of this month (March 2011).

Meanwhile, Hyundai Motor Company admitted no effect with natural disasters in Japan, despite using the supply of components such as transmission and alternator from Aisin Seiki and Denso. HMC spokesman Frank Ahrens confessed, the number of Japanese components are used only 1 percent of all car parts. "Stock our component is still enough for one to two months in advance,"explained Ahrens.

Chinese citizens struggle Buy a New Car

BEIJING - On 26 January, residents of Beijing, China, scrambling to buy a new car. The reason, local government provides only 20 000 police number from 240,000 to quota year. This restriction is in accordance with the policy of local governments that as of 1 January, limiting the purchase of new cars as a step to overcome the increasingly severe traffic congestion due to growth in the number of cars not comparable with the construction of new roads.

For consumers who want to buy a new car, will be done through a lottery. Remarkably, until now reportedly number of lottery enthusiasts already exceeds 100,000 people.

With this policy, the scale of consumers who may have a car one in five (1:5) aka 20 percent. However, consumers who specialized old car accident (can not be used), can buy a new vehicle using the old police numbers.

In addition to cutting the sale, the Beijing government still had other tricks to reduce congestion. The government also would prohibit the operation of cars that come from outside the area at rush hour.

China's automotive industry players argue, Beijing's efforts will not have much impact on reducing congestion. However, slowing sales that occurred this year are expected to make the government better prepare infrastructure, including improving the quality of mass transportation.

A little flash back, since 2009 China became the largest automotive market in the world beyond the United States. These records go back to survive in the past year, one of them driven by big sales in the national capital Beijing.