Toyota Japan issued a statement on Saturday that they expect to resume full production globally by November 2011. Japanese output this month is expected to recover to 90 percent of levels seen before the March earthquake. Production at Toyota is returning to pre-quake levels faster than the company anticipated, with output in June likely to reach 90 percent of pre-quake levels. That more optimistic outlook compares with a prediction last month for production to return to 70 percent of normal. Still, in 2011 overall production may be almost a million vehicles less than Toyota had planned to build at the beginning of the year. Lost output by the end of May was 900,000 cars. Because Toyota builds 38 percent of its cars in Japan compared with a smaller 25 percent at Nissan and the impact at Japan’s biggest auto company has been greater.
Toyota To Return To Full Global Output By November
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Daniel Sherman Fernandez
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