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asia.nikkei.com: ASEAN auto parts hub buckles under virus outbreaks

Read Full Article Here: https://asia.nikkei.com/Business/Automobiles/ASEAN-auto-parts-hub-buckles-under-virus-outbreaks

With staffing at automakers and parts factories limited to just 10% of capacity, output in certain states had virtually ground to a halt for an extended period.

It is home to 30% or so of production sites for Japanese auto suppliers, according to the Japan Auto Parts Industries Association — more than any other region.

Southeast Asia’s auto parts industry — valued for its low-cost labor — supplies parts to not only the region, but also Japan, the U.S., China and elsewhere.

Southeast Asian countries beyond Malaysia are struggling with infections, denting parts production.

Daihatsu parent Toyota Motor will slash September’s global production volume by 40% from its previous target, Nikkei reported Thursday, mainly due to the dearth of auto parts from Southeast Asia.

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