Toyota to slash production plan, suspend some domestic operation due to COVID lockdown in China -Breaking
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© Reuters. FILE PHOTO A Toyota Motor Corp. logo can be seen on a vehicle at Mexico’s International Auto Show, Mexico City November 23rd 2017. REUTERS/Henry RomeroTOKYO, Reuters Toyota Motor (NYSE 🙂 Corp stated Tuesday that they would cease operations at 14 lines of eight domestic factories over the COVID lockdown. This will take effect for six days starting May 6.
The global production goal for this month was also reduced by 50,000 to 700,000.
In a statement, it did not give an estimate of the production lost.
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