Toyota Adds 11 Days to Japan Production Suspension

6 January 2009

Nikkei. Toyota Motor Corp. will further cut back its domestic production for a combined 11 days in February and March.

Although it is still working out the details of the plan, Toyota intends to temporarily suspend output at all of its 12 plants in Japan, including four that roll out vehicles. The company has already decided to halt production for three days at 11 of its domestic plants in January, with the exception of one auto parts plant.

The extended suspension shows just how much of an impact plummeting auto demand and the soaring yen are having on Japan’s car makers. Given Toyota’s prominence in the global auto market, it also suggests that other domestic rivals may follow suit.