12 Japan automakers cut 2008 output by 1.9 mil, slash 14,000 jobs

Monday 01st December, 05:51 AM JST

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11 Comments

some14some at 07:26 AM JST - 1st December

"Drive Your Dreams" - Toyota, now it means stop driving cars! output cut combined with cut in number of automarkers may have some beneficial effects !
rgetty at 09:13 AM JST - 1st December

The Japanese companies in all industries have been living FAT on the exchange rate for some time. Its time for them to feel what the other side has felt for too long now. Not a tear will fall for these companies.
meiwaku at 10:28 AM JST - 1st December

And yet the Honda dealer near my house has recently demolished their car dealership/repair shop and are building a beautiful, brand new one. There was nothing wrong with the old one! This is just one example (and the dealerships may be privately owned, I don`t know) but I think that these big companies have a lot of unnecessary spending. Time to tighten the purse strings me thinks.
electric2004 at 12:38 PM JST - 1st December

Let's hope the 14000 slashed worker don't start slashing with kitchen knives.
Spidey at 12:47 PM JST - 1st December

12 major automakers!?

Let's see...Toyota, Honda, Nissan, Mazda, Mitsubishi, Suzuki, Daihatsu, Subaru, Isuzu, Hino, Matsuoka (hardly a major player)...Who am I missing?

S
Spidey at 12:49 PM JST - 1st December

Uhh...sorry...Mitsuoka
rajakumar at 01:20 PM JST - 1st December

New jobs may come in the next wave of new electric cars or other new tech cars.

The whole combustion engine systems industry need to replaced in developed nations to developing natons,to reduce pollution/enviro woes and save fossil fuel usage.

The 14,000 jobs seekers must be patient to wait for next boom,where many developed nations will save on fossil fuel and change to electric/other new tech engine industries.

Enviroment woes up,noise pollution up,and air polluton up.

The crude oil peak coming woes and old combustion engine tech woes, will make developed nation change their cars/transport tech systems first.

Later the developing world also will have to follow.

14,000 workers can get these new tech wave/old tech jobs that is coming in future in many industries in japan .

The swaping of currencies and swaping of goods/services must be made better/more smooth in the new improved global economic change systems that is coming.

These will take a few years, to happen with economic world modifying/improving itself ,after being hit by today's woes.
bebert at 02:09 PM JST - 1st December

New jobs may come in the next wave of new electric cars or other new tech cars.

rajakumar, you must know very little about electric cars or why the first generation failed in the 1990's. #1 reason - lack of demand. When a vehicle only goes 100 miles on a charge and a full charge takes 8 hours, most consumers are going to buy a vehicle with an internal combustion engine - the planet be damned. I'm not aware of the technological advance that has overcome the shortcomings of electric vehicles (lithium batteries included).

As for the environment, what do you think happens to all of those massive electric vehicle battery packs once they go bad after 5 or 10 years? They compost neatly into the earth? No, they don't. They end up in leaking piles in the Third World creating environmental disasters.
memyselfI at 03:56 PM JST - 1st December

The Auto Industry needs to wake up !!!! The first car company that creates an Electric Sports Car and Mini Van will control the world. Let's forget about hybrids. Let's go for it all. Invent a car battery that will last 20 years. And you beat the competition.

If a little remote controlled car can run on batteries than they can make an huge version of a car.

Come on it's 2008 people.
unscrejects at 06:47 PM JST - 1st December

Spidey: Nissan Diesel, Fuso, Tadano, Komatsu, Kubota, Yamha, Yamaha (who build sports cars for other brands, noteably the Toyota Supra, MRII, Celica...) Subaru is not a maker by the way, it's Fuji Heavy Industries. Any maker of vehicles of any kind that can be operated on a road are considered vehicle manufacturers in Japan. The youngest of those is Mitsuoka. And annual production must be over 80 units to qualify as a major manufacturer.
rajakumar at 05:30 AM JST - 4th December

New energy ,not obsolete products companies and new advanced not obsolete transport tech companies will make money.

This may mean even Exxon Mobil,Toyota,Fujio Cho and many others may lose like obsolete Citibank-AIG-Fannie/Freddie in long run by sticking solely to obsolete ways in heavily invested crude energy .

The old obsolete 1930s, heavily invested combustion engine motor technology must be phased out slowly because of its enviromental pollution effects.