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Japan Earthquake and Production Halt (Update)
TMC has decided that the halt of vehicle production at TMC plants and subsidiary vehicle manufacturers will continue until (and include) March 26 (a scheduled Saturday production day).
Meanwhile, TMC resumed production of replacement parts on March 17 and resumed the production of parts for overseas production (including knockdown parts) on March 21.
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March 22, 2011 Toyota Motor Corporation
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Toyota To Suspend Auto Assembly In Japan Through Saturday
Mar 22, 2011 03:45:41 (ET)
TOKYO (Dow Jones)--Toyota Motor Corp. (7203.TO) said Tuesday that it will extend a halt of its auto assembly operations in Japan until Saturday, as it faces shortages of some parts from suppliers that were hit by the massive earthquake.
The Japanese car maker lacks such parts as electronics devices and rubber and resin products, and the company sees no clear outlook for whether it can resume assembly operations after Saturday, a Toyota spokeswoman said.
The company is considering a variety of options to procure parts needed such as obtaining them parts from other suppliers, the spokeswoman said.
Toyota started producing replacement parts for the domestic market Thursday and parts for overseas production Monday, but its vehicle assembly operations have remained idled since the massive 9.0-magnitude earthquake and tsunami struck northeastern Japan on March 11.
-By Yoshio Takahashi, Dow Jones Newswires; 813-6269-2791; [email protected]
(END) Dow Jones Newswires
March 22, 2011 03:45 ET (07:45 GMT)
That will be 17 days of no production. I wonder if the iQ U.S. debut will be delayed by at least that much time.
TMC has decided that the halt of vehicle production at TMC plants and subsidiary vehicle manufacturers will continue until (and include) March 26 (a scheduled Saturday production day).
Meanwhile, TMC resumed production of replacement parts on March 17 and resumed the production of parts for overseas production (including knockdown parts) on March 21.
End
March 22, 2011 Toyota Motor Corporation
AND
Toyota To Suspend Auto Assembly In Japan Through Saturday
Mar 22, 2011 03:45:41 (ET)
TOKYO (Dow Jones)--Toyota Motor Corp. (7203.TO) said Tuesday that it will extend a halt of its auto assembly operations in Japan until Saturday, as it faces shortages of some parts from suppliers that were hit by the massive earthquake.
The Japanese car maker lacks such parts as electronics devices and rubber and resin products, and the company sees no clear outlook for whether it can resume assembly operations after Saturday, a Toyota spokeswoman said.
The company is considering a variety of options to procure parts needed such as obtaining them parts from other suppliers, the spokeswoman said.
Toyota started producing replacement parts for the domestic market Thursday and parts for overseas production Monday, but its vehicle assembly operations have remained idled since the massive 9.0-magnitude earthquake and tsunami struck northeastern Japan on March 11.
-By Yoshio Takahashi, Dow Jones Newswires; 813-6269-2791; [email protected]
(END) Dow Jones Newswires
March 22, 2011 03:45 ET (07:45 GMT)
That will be 17 days of no production. I wonder if the iQ U.S. debut will be delayed by at least that much time.
