Jump to content
House Price Crash Forum
Sign in to follow this  
interestrateripoff

Toyota Production Cuts To Last Until End Of The Year

Recommended Posts

http://www.bbc.co.uk/news/13167400

Toyota Motors production cuts will last at least until the end of the year, as the carmaker continues to face a shortfall in the supply of parts.

Production is likely to return to normal levels only by November or December, the company said.

Toyota and other auto manufacturers have been facing a shortage of parts due to the damage caused by last month's earthquake and tsunami.

Toyota has curbed production at its factories in Japan and overseas.

The world's biggest carmaker said that production at its Japanese factories was likely to begin the recovery process by July, while its global operations will start to pick up speed by August.

However a complete recovery in its production at its Japanese and global plants will happen only by the end of the year, the company said.

Likely by the end of the year? Looks like we already have a ready made excuse for global manufacturing to decline at some point this year.

And it won't be down to lack of demand it will be down to a lack of parts.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 311 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.