“It is still difficult to foresee the situation several months ahead, and there is a possibility the current plan will be revised downward,” ToyotaMotorCorp said in a statement. — via drivingdotca toyota autonews auto
The news comes about a week after Toyota said it would scale back domestic production by up to 20 per cent during the months of April, May, and June to ease the strain on suppliers battling shortages of chips and other parts.
“It is still difficult to foresee the situation several months ahead, and there is a possibility the current plan will be revised downward,” the company said in a statement. Average monthly global production for the period from April to June would be about 800,000, Toyota added. Its global vehicle production will be down 10 per cent in May; and 5 per cent in June from previous estimates at the beginning of the year, said Toyota executive Kazunari Kumakura.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toyota plans 17-per-cent cut in global production in April“It is still difficult to foresee the situation several months ahead, and there is a possibility the current plan will be revised downward,” ToyotaMotorCorp said in a statement. — via drivingdotca toyota autonews auto
Read more »
Your daily horoscope: March 17Your daily horoscope
Read more »
WHO: New COVID-19 deaths fell 17 per cent last week, but cases risingThe number of new coronavirus deaths reported worldwide fell by 17 per cent in the last week while COVID-19 infections rose, reversing a decline in cases that first began in January, according to the World Health Organization.
Read more »
Toyota plans 17-per-cent cut in global production in April“It is still difficult to foresee the situation several months ahead, and there is a possibility the current plan will be revised downward,” ToyotaMotorCorp said in a statement. — via drivingdotca toyota autonews auto
Read more »
WHO: New COVID-19 deaths fell 17 per cent last week, but cases risingThe number of new coronavirus deaths reported worldwide fell by 17 per cent in the last week while COVID-19 infections rose, reversing a decline in cases that first began in January, according to the World Health Organization.
Read more »