Toyota to cut December domestic output further

Toyota Motor Corp.’s cars are seen at a briefing on the company’s strategies on battery EVs in Tokyo on Dec. 14.
15:58 JST, December 19, 2021
TOKYO (Jiji Press) — Toyota Motor Corp. will reduce its domestic vehicle production further in December due to difficulties in procuring parts from Southeast Asia, among other reasons, according to officials of the leading Japanese automaker.
Toyota newly decided to halt the operations of six plants in Japan for up to five days this month, a move that will boost the number of affected vehicles by some 8,000 units to a total of around 22,000 units, the officials said Saturday.
The company had already decided to partially suspend the operations of four domestic plants, reducing vehicle production by about 14,000 units. The output cut will be expanded as parts shortages have not been resolved.
Meanwhile, officials of Honda Motor Co. said the automaker’s Suzuka plant in Mie Prefecture, central Japan, will be operated in December at a level some 10 pct less than its initial plan.
"Business" POPULAR ARTICLE
-
Tariffs to Cause ‘Short-term Bumps,’ Trump Economic Adviser Tells Fox Business
-
Trump’s Auto Tariffs to Cover Hundreds of Billions of Dollars Worth of Vehicle, Parts Imports
-
Bank of Japan Gov. Ueda Says ‘Uncertainty Is Quite Large’
-
Mixed Feelings as Stockpiled Rice Arrives at Stores; In Spite of Expected Short-Term Price Relief, Worries Arise about Persistent Market Problems
-
U.S. Tariffs to Deal Serious Blow to Asia’s Emerging Economies; Firms with Production Bases in Southeast Asia May Be Forced to Restructure
JN ACCESS RANKING