Toyota to slash production by between 5-20% from previous plan
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© Reuters. Toyota’s logo is seen at the 38th Bangkok International Motor Show, Bangkok, Thailand. March 28, 2017. REUTERS/Athit Perawongmetha/FilesTOKYO, Reuters Toyota Motor (NYSE 🙂 Corp. has informed its main suppliers that it intends to reduce domestic production by as much as 20%, compared to its original plan. The announcement was made Friday by a local newspaper.
According to Chubu Keizai Shimbun, automaker Toyota plans to reduce domestic production by 20%, 10%, and 5% respectively, compared with the previous plan.
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