- Nissan is losing $24.7 million a day; four plants closed until tomorrow, two until end of the week
- Honda is losing $24.7 million a day; production is halted until March 20
The impact of the earthquake, tsunami, and rolling blackouts on many other manufacturers is still a mystery, but if history is correct, we should know soon.
From an SMBC Friend Securities analyst (emphasis ours):
It will take quite some time until investors confidence in Japanese manufacturers returns. When we look back at the Kobe earthquake, it took about a week to get an overall picture of the magnitude of the damage.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.