Toyota will suspend all production in Japan due to a parts shortage caused by an explosion at a supplier’s steel plant. It said production will be halted from Feb. 8 to Feb. 13. The plant supplied Toyota with parts used in transmissions, engines and chassis.
Acura auctioned off the right to acquire and custom design the first of its NSX supercars. When the hammer came down at the Barrett-Jackson auction in Scottsdale, Az., the price tag was a record $1.2 million. Proceeds are going to the Pediatric Brain Tumor Foundation. The winning bid was submitted by Rick Hendrick, owner of Hendrick Motorsports. His NSX will carry production number 001.
Hyundai’s global sales fell 13 percent in January, as demand fell in China, Brazil and Russia. It was the first sales setback for the brand in six months. We will learn more about January sales tomorrow when most automakers tell us how they fared during the big blizzard.