Cars
Toyota is planning to cut Japanese production over the next five years by approximately 700,000 units (from 3.9 to 3.2 million) or close to 20% and move it into countries that would provide significantly cheaper labor, according to a report from Bloomberg.
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- Toyota Reportedly In Talks With Gm For Production Of Prius In California
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Cars
Toyota to Decrease Japanese Production Capacity 20% by 2015
Toyota is planning to cut Japanese production over the next five years by approximately 700,000 units (from 3.9 to 3.2 million) or close to 20% and move it into countries that would provide significantly cheaper labor, according to a report from Bloomberg.
The Japanese automaker will begin by closing down a production line at its Takaoka plant in Toyota City, Japan, where it is based, from the current fiscal quarter through the second half of calendar year 2011. The report says that this move will trim down the firm's domestic output by approximately 220,000 vehicles."
- Toyota Reclaims Sales Crown From General Motors In The First Quarter Of 2012
In 2011, some two years after it went into bankruptcy, General Motors managed to recoup the top spot as the world's largest automaker, no thanks to Toyota's production problems that stemmed from the tsunami and other natural disasters that hit...
- Toyota Builds One Millionth Vehicle In Turkey
Toyota announced today that cumulative production at its manufacturing plant in Turkey reached one-million vehicles. The milestone that coincides with the start of production of Toyota's third generation Verso MPV, at Toyota Motor Manufacturing Turkey...
- Toyota To Shut Down Japan Plants For 11 Days
For the first time since 1993 when it cut production for a day, Toyota will halt its operations at all 12 of its Japanese plants. Toyota had previously announced that it would suspend production for three days in January, but now the Japanese automaker...
- Toyota Reportedly In Talks With Gm For Production Of Prius In California
Citing unnamed inside sources, daily Japanese newspaper “Tokyo Shimbun†reported today that Toyota and GM are in talks about producing the Prius, now made in only Japan and China, at their joint venture plant in Fremont, California. The report...
- Nissan To Expand Qashqai / Dualis Production In Japan
The unexpected success of Nissan’s compact crossover in Europe -58,051 units since the Qashqai’s market launch in February ’07, has led the Japanese firm to the decision to add new capacity at its Kyushu plant in Japan to meet increased...