Toyota to reduce its vehicle output by 10 percent in July

Tuesday, 23 June 2020 14:29:37 (GMT+3)   |   Istanbul
       

Japanese automaker Toyota Motor Corporation has announced that it will reduce its vehicle output by approximately ten percent next month compared to the initial plan, as it continues to make gradual adjustments in vehicle production due to the coronavirus pandemic and the change in demand for new vehicles globally. The initial output plan for July was for approximately 700,000 vehicles in total. However, the production cut in July is a lot lower than the cut of almost 40 percent for the current month. Besides, the company stated that it will halt six production lines in July for a total of 16 days.

Earlier this month, Toyota’s chief human resources officer Mitsuru Kawai said that Toyota will not change its annual production plan which aims to produce at least 3 million vehicles in Japan, although it has suspended production at its some domestic factories in the April-June period of this year.


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