Toyota Motor Corp., has disclosed that the earliest time that normal production at its facilities around the world will resume is November. Factory suspensions, however, have bottomed out and output will begin to rebound this summer.
Toyota was the first automaker that publicly disclosed forecast on returning operations to levels similar to the ones before the March 11 disaster in Japan.
Toyota’s announcement also gave an idea of how other Japan-based automakers to recover due to the disaster.
Specifically, the company expects its production to return to the pre-disaster levels by November or December. In Japan, where the company’s plants are operating at 50 percent the normal rate, production will start to increase in July as the supply chain gets worked out.
Moreover, plants outside Japan will start ramping up production from current levels in August. Toyota’s long-ranged and vague outline of its timeframe will help dealers with their planning, the company’s president, Akio Toyoda, told reporters at a news conference.
Previously, dealers have been restricted in handling their customers and promoting vehicles due to the uncertainty of inventories. Toyoda added that with the timeframe, dealers can talk to their clients better regarding the products as well as the timing of deliveries.