Toyota Says Production to Normalize by Year’s End
VOA Breaking News (Voice of America)
April 22, 2011 at 7:40 am UTC
Japan’s Toyota Motor Corporation says its global car production, disrupted by parts shortages caused by last month’s earthquake and tsunami, will return to normal by November or December.
The world’s largest automaker said production would start to normalize in July in Japan and around August at overseas operations, depending on the model and region. Parts shortages following the earthquake and tsunami forced Toyota to suspend production at plants in Japan and several other countries.
Company president Akio Toyoda told a news conference Friday that it is still difficult to predict the effect the twin disasters will have on Toyota’s earnings.
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