DETROIT
The largest car dealer chain in the U.S. says it expects shortages of Japanese brand cars in the spring and summer following last month's earthquake and tsunami.
AutoNation Inc. CEO Mike Jackson says his company expects disruptions at factories to limit the availability of vehicles from Japanese automakers.
Even so, Jackson expects the U.S. auto market to keep recovering through the end of this year. He says AutoNation will manage through any shortfalls.
More than half of AutoNation's new vehicle sales last year came from cars and trucks made by Japanese manufacturers. About two thirds of those vehicles were assembled in North America.
Jackson says that the situation in Japan is still developing and the impact is difficult to predict.
The largest car dealer chain in the U.S. says it expects shortages of Japanese brand cars in the spring and summer following last month's earthquake and tsunami.
AutoNation Inc. CEO Mike Jackson says his company expects disruptions at factories to limit the availability of vehicles from Japanese automakers.
Even so, Jackson expects the U.S. auto market to keep recovering through the end of this year. He says AutoNation will manage through any shortfalls.
More than half of AutoNation's new vehicle sales last year came from cars and trucks made by Japanese manufacturers. About two thirds of those vehicles were assembled in North America.
Jackson says that the situation in Japan is still developing and the impact is difficult to predict.
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