Grim Year for Toyota

After the employment cutback announcement before Easter, Toyota brings more grim news that it does not expect production in Japan and overseas to be back to normal before November. This confirms the scale of disruption Toyota is facing in the aftermath of March 11 earthquake and tsunami in Japan. The nation’s auto-industry is currently undergoing the long and arduous task of repairing damage to auto assembly and parts manufacturing facilities in Japan, as well as restoring their global supply chain to the status before the earthquake and tsunami happened.

Image: Evgeni Dinev / FreeDigitalPhotos.net

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