Tuesday, April 12, 2011

Japan loses half-million units in month since quake

TOKYO -- Production of more than a half million vehicles has been wiped out in Japan since the March 11 earthquake paralyzed the county's manufacturing sector.

Japan's big seven automakers lost 516,000 units of output as Japan marked the one month anniversary of the devastating March 11 quake. And the total is still climbing with many plants remaining offline until later this month and those that have restarted operating at only limited capacity due to parts shortages.

Toyota Motor Corp. leads the pack with lost volume of 260,000 units at its 18 domestic plants through April 8.

It has reopened only two of those plants, making three hybrid models, since closing them all after the temblor. Toyota aims to bring the rest online, but not until April 18 and then only through April 27.

Honda Motor Co. follows with forgoing output of roughly 58,000 units at its two Japanese asembly plants through April 8. It restarted production at both factories on April 11, but at only about half the normal output rate.

Nissan Motor Co., which has already reopened its five domestic plants and has been operting them in fits and starts with limited output, has lost about 55,000 vehicles. But that total does not include volume lost due to working at half pace. Nissan declined to provide that figure.

Suzuki Motor Corp.'s toll comes to 45,000 through March 31. It rises to 59,000 through April 9, if adding volume lost through half-pace production at the plants it has reopened.

Export-dependent Mazda Motor Corp. has seen 43,000 units of output in Japan vanish since the quake, while Subaru took a 29,000 unit hit through April 5.

Rounding out the domestic makers is Mitsubishi Motors Corp., which was one of the first to resume limited production by rotating down days at its three domestic assembly plants. It had lost 26,000 units through April 10.
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Wednesday, February 2, 2011

How to save on your car insurance premium

Car Insurance is a very important hedging tool that help you to absorb the major cost incurred that caused by an accident. You will just need to pay the minimal car insurance premium in order to keep your car insurance plan to be active.

In fact, there are a lot of countries have set the rule that all car owners to have a car insurance plan to keep their cars on the roads; in order to protect all road users welfare.

Some of the countries government will even set the minimum coverage requirement for the car owners to ensure that both parties will not fall into problems when accident happened.

To further reduce of your car insurance premium, the best strategy will always be drive safely on the roads and maintain good driving record. You are able to get a huge % of no claim discount if you do not claim your car insurance ( Usually is within 5 years time )

Some car insurance companies can give no claim discount for about 55% to 70% of your current car insurance premium, which have definitely helpful for you to chop off big portion of your car insurance premium.

Besides, it is also very important not to get any summon ticket if possible. Your car insurance premium price will be shoot up as well if you are getting your summon tickets too frequently.

Most of the car insurance companies will charge higher car insurance premium to modified cars. They believe that the high performance of the modified car will be expose to higher risk of accident, and they will need to balance up the risk by charging higher car insurance premium. So, it is better think twice before you modify your car.

Every time before renew of your car insurance plan, try to ask a lot of car insurance companies to quote for you. This will be a very good method to help you to compare of the majority of the car insurance products in the market and pick for your best car insurance plan.

Most car insurance companies will allow you to choose monthly payment option or yearly payment option for their car insurance plan. I will suggest you to go for yearly payment option since you are able to save about additional 5% – 10% of your car insurance premium compare to monthly payment option.

Your main concern is you will need to have sufficient saving in order to pick for yearly payment option since you will need to pay for 12 months of car insurance premium in one go.

It will be very important for you to learn and understand the various discounts that offer by your car insurance company to further reduce of your car insurance premium. Try your best to understand all the discount options available and apply the discounts on each of the car insurance company that quote for you to ensure each of the car insurance company has offer you the lowest car insurance price.

Then you are in the advantage to pick your lowest price car insurance plan since every car insurance provider has offer you their lowest price...more