Login or Register
Welcome , Settings |  Logout

Toyota to Cut Production at China Plants after Earthquake

Wednesday, 20 Apr 2011 12:44 PM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Toyota Motor Corp. will cut production at its plants in China because of supply chain disruptions following the massive earthquake and tsunami in Japan last month, the carmaker said.

In a statement posted on its Chinese website (www.toyota.com.cn), Toyota said that after discussions with its Chinese partners, it had decided to adjust production schedules for its plants in China.

Production at plants producing cars would run at half of normal capacity until June 3, Toyota said.

"In extreme situations, production rates may be adjusted to 30 percent," the company said, without elaborating.

Toyota also said it would bring forward the summer break for plants in China producing auto parts to late April or early May.

The automaker added that it would review production schedules for its China plants after June 6.

On Tuesday, Toyota announced it would cut U.S. vehicle production and may have to lower its 2011 U.S. sales target despite some improvement in the flow of parts from Japan.

© 2013 Thomson/Reuters. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
You May Also Like
Around the Web
 
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved