Containment in Shanghai: Toyota suspends part of its production in Japan

Toyota has decided to suspend part of its production in Japan because of the containment in Shanghai. The manufacturer has lowered its production target for the month of May by 50,000 vehicles.

Japanese car giant Toyota announced on Tuesday that it will suspend a significant part of its production in Japan for several days in May because of the quarantine in Shanghai, which affects its supply chains.

The current global automaker plans to pause 14 production lines, at eight of its factories in Japan, between May 16 and May 21, according to a statement.

In total, including previous similar announcements from the group, interruptions to its production in Japan will concern 20 of its 28 lines in this country this month, affecting almost all of its Japanese factories (12 out of 14).

Toyota has therefore lowered its global production target for the current month by 50,000 vehicles to around 700,000 units.

Production already hampered by the Covid

The group, which will publish its 2021/22 annual results on Wednesday and its first forecasts for its new financial year which started on April 1, has become accustomed to announcements of temporary production stoppages for several months.

Beyond the confinements in China, its production has also been hampered since last year by the global shortage of semiconductors and it has also recently suffered from other various setbacks, such as a cyberattack and an earthquake that affected some of its suppliers. in Japan.

The group also suspended its production in Russia indefinitely, shortly after the start of the war in Ukraine at the end of February.

Toyota had repeatedly narrowed its global production target for 2021/22, before giving up in mid-January to provide a new quantified forecast.

It finally produced some 8.5 million vehicles over its past financial year, a drop limited to 4.7% over one year but nearly 800,000 units less than its initial estimate, according to data published at the end of April.

Leave a Comment