Friday, April 22, 2011

Toyota Making Drastic Production Cuts after Japan Quake and Tsunami

The aftermath of the earthquake and subsequent tsunami that pounded Japan about a month ago, now is leaving its mark on other countries around the work. Toyota announced on Wednesday that drastic production cuts would be taking place in North America and China. Toyota is having great difficulty supplying parts for the automobiles. Previously, Toyota announced they would suspend production on Mondays and Fridays between April 15 and April 25, but now that will be extended through June 3. During that period, production also will run at 50% on Tuesday, Wednesday and Thursdays. In addition, Canadian production will be suspended for the week beginning May 23, and U.S. production for the week starting May 30. Toyota stated that no decisions have been made for production after June 3.

http://www.cnn.com/2011/WORLD/asiapcf/04/20/japan.toyota/index.html

-Kristine Zizis

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