Subaru checking with Chinese suppliers for possible coronavirus impact
[TOKYO] Subaru Corp is checking with China-based suppliers for potential disruptions to parts deliveries from the coronavirus outbreak.
Subaru senior vice-president Fumiaki Hayata said that communication with its Chinese partners is difficult now because of the ongoing lunar new year holiday, but as of now parts supply hasn't been affected by the disease.
However he added that the complex nature of the global supply chain means it would be unusual for there not to be some effect, and it is difficult to assess what the impact could be.
The company is not at the point yet of seeking alternative suppliers of parts that are most at risk of disruption, he said.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Air Canada reports bigger loss than market expectations as costs rise
Maersk raises full-year profit guidance after strong quarter
ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet
Hot stock: Nio climbs about 19.8% on stronger vehicle delivery performance
Cruise operator Norwegian lifts 2024 profit view, but Q1 sales miss hits shares
China’s electric cars keep improving, a worry for rivals elsewhere