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Toyota to Resume Operations at Four Factories After Supply Crunch Eases

Following a supply crunch caused by a supplier's factory explosion, Toyota will reopen four domestic factories, restarting production lines.
Japan
t 7203.TSE Blue Chip 150
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Toyota Motor announced its plan to resume operations at four of its domestic factories starting the following Monday. This comes after a supply shortage due to an explosion at a supplier’s factory disrupted production across many of Toyota’s 14 assembly plants in Japan. The automaker has now secured enough parts to restart five production lines at these four factories located in northeastern and central Japan. However, eight production lines at six other factories will remain closed. Toyota will make further decisions on when operations will resume at these plants on Monday afternoon. The disruption stemmed from an accident at a Chuo Spring factory in Toyota City, Aichi Prefecture, which occurred on Monday. This incident led to a shortage of springs vital for suspension systems and other car components, impacting production of key models like the RAV4 and Land Cruiser SUVs. This stoppage marks the latest in a series of production challenges Toyota has faced, including a part ordering system glitch in August.

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