Toyota will stop production in Japan when parts run out


Toyota Motor employees are engaged in the assembly line for future fuel cell vehicles (FCVs) at the Motomachi Plant of Toyota, Aichi Prefecture, on May 17, 2018. (Issei Kato / Reuters)

Tokyo — Toyota Motor Corp. expanded production suspension at some plants in Japan on Friday due to a shortage of parts shipped from parts plants in Southeast Asia.

Toyota said in a press release that a recent stop would reduce the production of 9,000 cars if added to the curb announced Thursday, impacting the production of the Lexus model and its four-wheel drive land cruiser.

Although limited, demand for cars in markets such as China has ended as the coronavirus lockdown has ended as Toyota seeks to make up for production lost due to previous supply chain disruptions in Malaysia and Vietnam. Despite the recovery, it had no choice but to reduce car production.

The world’s largest car producer said it is sticking to the annual production target set in September to produce 9 million units by the end of March.

“We want to keep 9 million units, but we’ll keep an eye on the situation,” a Toyota spokeswoman said.

Reuters

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