Toyota to idle 5 Japan plants as global demand slumps

(BLOOMBERG)

March 23, 2020 06:50 PM

TOKYO – Toyota, moving to adjust output amid slumping demand undercut by the global coronavirus crisis, is suspending production at five plants in Japan beginning April 3, with plans to curb exports of the Toyota Prius and 4Runner SUV in addition to a host of Lexus nameplates.

Featured Stories

What automakers are saying about vehicle prices with tariffs in effect

What automakers are saying about vehicle prices with tariffs in effect

Young technician grateful for his mentor

Young technician grateful for his mentor

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Latest News

Tesla’s software engineering head is said to depart EV maker

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Live updates on tariffs: Ford, Stellantis offer employee discounts; China retaliates; Mexico seeks solution

Hyundai, Genesis won’t raise vehicle prices over the next two months

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Don Romano’s ‘wild ride’ at Hyundai Canada

U.S. senators seek to rein in Trump tariff authority

Europe reacts as Trump’s 25% auto tariffs take effect

What vehicle parts are now subjected to tariffs? Powertrain, suspension, safety and more

Staying current is easy with newsletters delivered straight to your inbox.