Japan earthquake and the car market economy?

[mrouter]

im not sure if people have been talking about this and i hate to be insensitive to what happened to Japan but what will happen now that major car makers in Japan have stopped making cars (as per CNN report)?

my cousins told me to wait a few months and we will have an influx of cheap surplus of japanese cars.

other friends talked about rising car prices from korean and american manufacturers since Japan won't be able to compete in a short while.

what ever it is, the disaster in the land of the rising sun will surely stir the car market economy.

please share your thoughts

[tidus1203]

Konti lang naman CBU Japan vehicles dito eh. Mostly galing naman Thailand/Laguna especially the best sellers so its a non-issue for me...

[isa1023]

Are we expecting more JDM surplus parts in the next few months as an after-effect?

Sorry, noob question but I think it's a possibility.

Or maybe not?

[tidus1203]

Why would flooded surplus parts be any useful?

[myk384]

The influx of second hand cars from Japan to Cagayan and Subic would be less since the shipping is delayed and tons of flooded cars.

It wouldn't be foolish for us consumers since we learned something from Ondoy

[uls]

im not sure if people have been talking about this and i hate to be insensitive to what happened to Japan but what will happen now that major car makers in Japan have stopped making cars (as per CNN report)?

my cousins told me to wait a few months and we will have an influx of cheap surplus of japanese cars.

like i said in an earlier post, the govt banned importation of used cars to protect CAMPI.

how can there be an influx of cheap surplus cars from Japan?

is the govt gonna relax the rules and allow the cars in?

[mrouter]

like i said in an earlier post, the govt banned importation of used cars to protect CAMPI.

how can there be an influx of cheap surplus cars from Japan?

is the govt gonna relax the rules and allow the cars in?

Hi sir, im sorry but im as clueless as you are. I just brought this topic to learn more about it.

san po ba nanggagaling yung mga surplus from capalangan? or those sold in subic?

is the goverment really strict in the first place to ban importation of surplus goods?

[coiter]

well their 'trash' has to go somewhere. pero lalo atang hindi advisable to get japan surplus vehicles or parts now (unless yung mga plastic parts ang kukunin mo) kasi nalubog na and worse, in sea water pa (highly corrosive). kung ondoy vehicle nga kinatatakutan natin, tsunami vehicle pa kaya?

i also doubt na malaki effect sa car market. sa dami ng plants nila around the world, madali lang siguro nila ma-ooffset yung loss nila sa manufacturing sa japan. baka nga mas cost efficient pa yun kasi taas na ng yen vs dollar. IMO

[myk384]

well their 'trash' has to go somewhere. pero lalo atang hindi advisable to get japan surplus vehicles or parts now (unless yung mga plastic parts ang kukunin mo) kasi nalubog na and worse, in sea water pa (highly corrosive). kung ondoy vehicle nga kinatatakutan natin, tsunami vehicle pa kaya?

i also doubt na malaki effect sa car market. sa dami ng plants nila around the world, madali lang siguro nila ma-ooffset yung loss nila sa manufacturing sa japan. baka nga mas cost efficient pa yun kasi taas na ng yen vs dollar. IMO

Besides, little market share ang mga made in Japan na new cars. More on Locally or Thailand made ang market natin. Hoping that the former mas bumenta lalo

[Monseratto]

Those units are damaged by sea water. Dunno if those surplus parts will be any use...

[mrouter]

Those units are damaged by sea water. Dunno if those surplus parts will be any use...

sir if you don't mind. pa share naman kami tungkol sa mga damages caused by water (more so sea water) on vehicles.

are these vehicles really rendered useless? or are there possibilities of restoration then sold afterwards?

kung meron na po thread tungkol dito pa link nalang po.

[Battlestar]

sir if you don't mind. pa share naman kami tungkol sa mga damages caused by water (more so sea water) on vehicles.

are these vehicles really rendered useless? or are there possibilities of restoration then sold afterwards?

kung meron na po thread tungkol dito pa link nalang po.

It depends how the damage is. It can possibly restore but not in top notch condition. Like what the other poster said, our government banned the importation of cars to protect the CAMPI. It's always safe to buy a LHD car than converted.

[Monseratto]

sir if you don't mind. pa share naman kami tungkol sa mga damages caused by water (more so sea water) on vehicles.

are these vehicles really rendered useless? or are there possibilities of restoration then sold afterwards?

kung meron na po thread tungkol dito pa link nalang po.

Unless di ka ipinanganak noong Ondoy...Paki search lang po tungkol sa mga Ondoy damaged cars at mga sakit ng ulo ng naka bili ng mga "repaired" Ondoy cars dito sa tsikot. May search function sa taas ng page.

A more plausible scenario, there will be a delay in the production of Japanese cars worldwide since the parts supply has been disrupted. Japanese cars built outside Japan have still reliant on a small percentage of parts made in Japan.

[uls]

Hi sir, im sorry but im as clueless as you are. I just brought this topic to learn more about it.

san po ba nanggagaling yung mga surplus from capalangan? or those sold in subic?

is the goverment really strict in the first place to ban importation of surplus goods?

importation of used cars have already been banned in Subic some time ago

the cars/SUVs we see with license plates beginning with C and R are those imported before the ban

after the Subic ban, Port Irene became the port of entry (cars with license plates beginning with B)

the Aquino admin banned imports there

unless those earthquake/tsunami damaged cars are chopped up, it's not likely they'll come into the country

[mrouter]

importation of used cars have already been banned in Subic some time ago

the cars/SUVs we see with license plates beginning with C and R are those imported before the ban

after the Subic ban, Port Irene became the port of entry (cars with license plates beginning with B)

the Aquino admin banned imports there

unless those earthquake/tsunami damaged cars are chopped up, it's not likely they'll come into the country

wow thanks for that info. i didn't know that until now. so you mean there's really no way for these cars to come here (unless ofcourse in pieces). In that case then the market here (i.e. PI) should remain stable regardless of what happend in Japan.

while watching kasi videos from the news, I can't help but think ano mangyayari sa dami ng mga kotse na nasira dun sa lugar na yun.

[myk384]

wow thanks for that info. i didn't know that until now. so you mean there's really no way for these cars to come here (unless ofcourse in pieces). In that case then the market here (i.e. PI) should remain stable regardless of what happend in Japan.

while watching kasi videos from the news, I can't help but think ano mangyayari sa dami ng mga kotse na nasira dun sa lugar na yun.

Besides, we are better informed and we've learned our lessons from Ondoy. What more, double whammy since converted plus tsunamied equals driving disaster

[uls]

mas mahigpit na ang customs ngayon compared sa panahon ng Arroyo admin

unless meron importer na sobrang lakas kay PNoy, it's not likely anyone can bring in those tsunami damaged cars whole

besides, di lang naman Pinas ang export market ng Japan para sa surplus vehicles

[dvldoc]

I don't think these cars that were flooded will be sold, first off all they were washed away by a huge wave not just a slow rising water level and it's salt water they are basically destroyed. Second there is nobody around to even think about messing with surplus cars with 1000's missing and nuke plants about to go off. Those cars in the contaminated areas will surely be destroyed by the government.

The real problem is all the grey market cars that were at the ports and auto auctions. Most of these were wiped off the face of the earth. The major sites all lie in areas hardest hit.


There is going to be a big drop off in these converted vehicles in the Philippines due to this disaster. Not to mention a shortage in spares for those who already own the harder to find models. Port Irene shops will be hit pretty hard by this since 80% of there cars were shipped from that area and stored there.

On the flip side local car sales should go up and grey market vehicles that are already on the market should sale better because they will be more expensive in the future due to the new laws on them being one and the up coming shortage being the other.


Just look at the new cars that were waiting for shipment.