6 Nov 2011

Production cuts extended by Toyota

6:04 am on 6 November 2011

Toyota has extended production cuts at its factories in Thailand and Japan due to shortage of parts because of the floods in Thailand.

The company said production in Thailand will remain suspended, while Japanese units will work at reduced capacity until 12 November.

The BBC reports Toyota is still trying to recover from the earthquake and tsunami in Japan on 11 March.

The Thai floods have dented its production numbers. Toyota told the BBC that suspension of production there was expected to resulted in the loss of 69,000 units between 10 October - 5 November.

At the same time, output at Japanese factories is projected to be down by 22,000 units between 24 October - 5 November.

The company also warned that if the situation in Thailand does not improve, it may have to cut production in other countries including the United States, Canada, South Africa and Philippines starting next week.