Toyota president expects the automaker to resume full production in November

Article by Christian Andrei, on June 5, 2011

Toyota Motor Corp. is set to resume full production throughout the world this November while its output in Japan is on track to recover to 90% of pre-earthquake levels this month, according to Toyota president Akio Toyota (the grandson of its founder).

During a visit to South Korea, Toyoda told reporters that even with the aftershocks, the company is working to restore production quickly.

The March 11 earthquake and tsunami disaster in Japan had resulted to a parts shortage that affected Toyota and the rest of its rivals.

A Toyota spokesman confirmed that the company is recovering quicker than anticipated. Last month, Toyota had predicted that production this month will be at 70% of normal. Last April, Toyoda said that the company is expected to totally recover in November or December.

But even with this optimistic outlook, Toyota’s overall output in 2011 may still be nearly one million vehicles fewer than what the company had targeted at the start of the year.

By the end of May, Toyota estimated that its production loss was at about 900,000 cars so far. The impact of the quake in Japan was biggest for Toyota since it makes 38% of its cars in Japan. On the other hand, Nissan Motor Co. and Honda Motor Co. each build only 25% of their total output in Japan.

Topics: toyota, production

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Volkswagen Group’s dieselgate saga continues, but it appears the German company would be able to get out of trouble, but it would not be unscathed. This development comes as Volkswagen...
by - January 22, 2017
When a car has been in the market for nearly six years, it loses some of its luster and its customers tend to go for the all-new model with a...
by - January 22, 2017
Remember Zenos Cars, a British carmaker that specializes in designing and building lightweight and high-performance sports cars? If you are wondering how the company is faring with their E10 lightweight...
by - January 21, 2017
Mercedes-Benz has revealed that in 2017, its series 124 coupé will be celebrating its 30th anniversary. While this itself is a significant event, it will also mean that this model...
by - January 21, 2017
BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries