Toyota to cease Japanese production

Toyota to cease Japanese production

Toyota has announced that 12 Japanese automobile production plants would be decided the week of February 8 due to a lack of steel from its Aichi Steel partner. This shortage follows an explosion at a steel plant in Aichi Steel, who said that its production should return to normal in March.
“The new plants should run from 15 February, and production lines outside Japan will not be affected,” the company said. “We will continue to take all necessary measures to minimize the impact of this incident on automobile production. ”
These are 40% of the world production of the manufacturer that are insured in Japan. In 2015, 4 million vehicles were built there, and 46% exported, according to Reuters. Toyota hopes this year to produce more than 4 million vehicles in Japan.