Japan earthquake and the car market economy?

**mrouter** · March 14th, 2011 10:21 PM

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** · March 14th, 2011 10:28 PM

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

**uls** · March 14th, 2011 10:45 PM

Originally Posted by 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.

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?

**isa1023** · March 14th, 2011 10:45 PM

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** · March 14th, 2011 10:51 PM

Why would flooded surplus parts be any useful?

**myk384** · March 15th, 2011 10:32 AM

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

**mrouter** · March 15th, 2011 10:37 AM

Originally Posted by uls

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** · March 15th, 2011 10:51 AM

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

**Monseratto** · March 15th, 2011 10:53 AM

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

**uls** · March 15th, 2011 10:58 AM

Originally Posted by mrouter

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