Supplies of most of Toyota's vehicle units will start rebounding in July, which is four months ahead than predicted. However, the company disclosed that car models built in Japan, like the Toyota Prius and most of Lexuses, are notable exceptions.
Specifically, the company had intended to begin bringing dealer inventory back to normal levels by the fourth quarter.
However, the North American components supply and manufacturing are recovering from the March disaster in Japan faster than expected.
The full production of the Prius as well as most of Lexuses models is still set for November, but the quicker-than-anticipated overall recovery is good news for the dealers of Toyota whose lots have already been depleted.
In Japan, some of the supplier parts have been resourced, but the focus is on restoring production at current suppliers. For one, some laid off workers from Toyota assembly plants in Japan were given the choice to help supplier plants get back on track.
The resumption of full-scale components deliveries is bringing back full production this month of eight core North America-built Toyota models: the Venza, Sienna, Sequoia, Matrix, Highlander, Corolla, Camry and Avalon.
According to Randy Pflughaupt, Toyota Motor Sales U.S.A. group vice president of sales administration, the wholesale flow rates, which were not expected until October or November, are “happening right now.”
He added that the factory orders to dealers will be better in June by 30 percent compared to in May. He also stated that July orders will be more than 100 percent than in May.