Toyota Japan car production drops in March 2011 due to parts shortage after the earthquake-tsunami

By on Apr 25, 2011 in Asia, Automobile, Business Comments

Toyota Japan suffered a great loss in car production last March due to parts shortage brought about the earthquake and tsunami.

Toyota Motor Corp. President
Akio Toyoda

Image Credit: AP

As reported at Kyodo News on Monday, April 25, Toyota announced that its car production in Japan fell by 62.7% in March 2011 apparently due to the parts shortage after the twin disaster in the country.

Apparently, Toyota Japan has only produced about 129,491 vehicles last March and had an estimated loss of 260,000 as of this time.

Meanwhile, Toyota’s global production declined 29.9 percent year-on-year to 542,465 vehicles for the month.

On Friday, Toyota Motors Corp. President and CEO Akio Toyoda told at a press conference in Tokyo that normal car production is likely to happen in November or December this year.

Mr. Toyoda added that local production is expected to normalized in July while overseas production may be this coming August.

Toyota car production in Japan resumed last week but only in a half capacity and will stop in two days time from now until May 9, which is due to Golden Week holiday.

It will resume the next day until June 3 with still on half capacity production, and percentage of production in the succeeding months will be depending on the flow of parts supply.

On the last day of March, Japan Automobile Dealers Association announced that Toyota car sales dropped by declined by 46% or have only sold 110,667 units, with Honda and Nissan suffering a slightly lower drop.

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