The Japanese automaker, which operates 12 vehicle and vehicle components factories in China, said it would extend its production stoppage "after considering various factors, including guidelines from local and region governments, parts supply, and logistics."
Reuters
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Toyota Motor Corp on Friday said production at all of its plants in China would remain suspended through February 16, joining a growing number of automakers facing output stoppages due to supply chain issues as the coronavirus outbreak spreads.
The Japanese automaker, which operates 12 vehicle and vehicle components factories in China, said it would extend its production stoppage "after considering various factors, including guidelines from local and region governments, parts supply, and logistics."
The decision extends Toyota's initial plans to suspend operations through Sunday, and comes as the threat from the coronavirus crisis closes in on the global auto industry.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year.First Published on Feb 7, 2020 08:40 am
