Toyota closes 8 factories

Production is expected to stop at eight Japanese factories Toyota from May 16, 2022. The reason for this was interruptions in the supply of components from China. Recall that a number of restrictions have been put in place in the Middle Kingdom as a result of the coronavirus pandemic, which has hit local industries.

“Due to a shortage of semiconductors, we are announcing a revision of the production plan in May. During the shutdown of deliveries from Shanghai (China) from May 16 (Monday) to May 21 (Saturday), we will suspend the operation of 14 lines in 8 factories in Japan. We have indicated that the production target for May should be around 750,000 units, but due to supply disruptions, it is expected to be around 700,000 units,” the company said in a statement.

It was previously reported that Japan banned the import of expensive cars to Russia. This applies to cars that are more expensive than 6 million yen, or 3.1 million rubles at the current exchange rate. True, it was not specified which price was discussed. This could be (and most likely) the factory retail price, as well as the value declared at customs or the final consumer price at the dealer.

Source: Z R

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