Toyota to slash production by between 5-20% from previous plan - paper

Toyota Motor Corp has told its main suppliers it would reduce domestic production by up to 20% from previous its plan for the three months starting April, a regional newspaper reported on Friday.

Source: www.reuters.com

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TOKYO (Reuters) - Toyota Motor Corp has told its main suppliers it would reduce domestic production by up to 20% from previous its plan for the three months starting April, a regional newspaper reported on Friday.

The automaker is planning to scale back domestic production by about 20% in April, roughly 10% in May and about 5% in June from previous plan, the Chubu Keizai Shimbun reported.

Reporting by Satoshi Sugiyama; Editing by Sam Holmes

11-03-2022

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