Toyota announces Japan production cut of 50% until June

Toyota
Toyota

If there is any automaker that was hit the worse by the March 11 Japan Earthquake it has to be Toyota. The Japanese automaker said that it will retain a 50 percent run rate at all of its Japan assembly plants until June 3.

“As TMC continues to address its production situation in Japan following the disaster, it has decided that vehicle production from May 10 to June 3 will proceed at approximately 50 percent of normal,” Toyota said in a statement. “TMC will decide on production after this period after assessing the situation of its suppliers and other related companies.”

The announcement follows a previous plan to produce vehicles at all its Japanese vehicle-production facilities from April 18 to April 27 at approximately 50 percent of normal and for all production facilities to enter their annual spring holiday through May 9.

“TMC deeply apologizes to its customers for not being able to build every vehicle to meet their desired specifications due to limited parts,” Toyota said.

– By: Stephen Calogera