9/24/2018 5:55:00 AM
Source: Business Insurance
Production stoppages and reduced output due to recent storms are likely to have cost Japan-based Mazda Motor Corp. $248 million, Nikkei Asian Review reported. Heavy rains and floods in western Japan forced Mazda to halt production at its main factory in Hiroshima Prefecture and in Yamaguchi Prefecture from late June to July. The two factories operated at reduced capacity until Sept. 10 due to transport-related disruption. Mazda also slowed production of parts for shipment to plants in China, Thailand and Mexico.