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Toyota to extend its production cuts in North America and China

April 21/2011

(PressTV) -- Toyota said Wednesday that it would reduce its production by 70% from April 26 to June 3, the state-funded BBC reported. The company's North American plants now operate on four-hour shifts, three days a week, from Tuesday to Thursday. The manufacturer is likely to cut its US sales target for the current year. According to Toyota spokesman Mike Goss, nearly 30.000 employees would still be paid during the slowdown in productions.

Reports say the company lost the production of 150.000 parts in North America and 80.000 parts in China from March 11 to June 3. Toyota says its plants in Japan would be operating at 30% to 50% of their capacity from April 21 to June 3 due to the shortage of spare parts. The spare parts that are in short supply are mostly absorbers, body panels and pillar subassemblies.

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