Last Friday, world’s biggest automaker Toyota Motor Corp. disclosed that the company would not resume normal production until the end of the year, possibly in November or December, president Akio Toyoda said. “Although it will depend on the vehicle model, we expect to return production on all lines and of all models to normal sometime around November or December,” Toyoda said in a statement.
Although all of Toyota’s plants in Japan were relatively unaffected in last month’s earthquake and tsunami, many of its suppliers were and are coping with parts disruptions. Toyoda told reporters in Japan that the automaker would remain at half production until June, and gradually increase from there. Currently, its plants outside of Japan are running at 40 percent of capacity to preserve parts.
Friends Read Free