In a move not unexpected, the world’s No. 1 automaker Toyota Motor Corp. said that it would cut its U.S. production, with at least five days of suspensions this month, due to parts shortages from Japan.
Following the March 11 earthquake and tsunami disaster in Northern Japan, many Japanese companies have had to curtail production due to logistical difficulties with Japanese exports.
Toyota said that it would slow production in the United States, with scheduled shutdowns on April 15, 18, 21, 22, and 25. Rival Honda Motor Co. also said that it would slow production in its U.S. assembly plants this month until supply shortages can be resolved.