Sunday, April 24, 2011

Toyota production cuts to last until end of the year


Production is likely to return to normal levels only by November or December, the company said.

Toyota and other auto manufacturers have been facing a shortage of parts due to the damage caused by last month's earthquake and tsunami.

Toyota has curbed production at its factories in Japan and overseas.

The world's biggest carmaker said that production at its Japanese factories was likely to begin the recovery process by July, while its global operations will start to pick up speed by August.

However a complete recovery in its production at its Japanese and global plants will happen only by the end of the year, the company said.

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