Toyota to suspend production for 11 days in Japan
Photo by Bloomberg News
The logo for Toyota Motor Corp. is displayed at a dealership in Yokohama City, Kanagawa Prefecture, Japan, Tuesday.
ADVERSTISMENT
TOKYO Toyota is suspending production at all 12 of its Japan plants for 11 days over February and March, a halt of unprecedented scale for the nation's top automaker as it grapples with shrinking global demand.
The last time Toyota Motor Corp. stopped production at all its Japan plants was in August 1993, when demand plunged because of a rising yen, and that was for only one day, according to the company.
A global recession has hammered the auto industry in Japan and elsewhere, forcing carmakers to cut staff, lower production and delay new models. Major automakers in the United States had teetered on the brink of collapse until securing a multibillion dollar government lifeline.
"We are coping with a slump in global sales," Toyota spokesman Hideaki Homma said Tuesday. "Demand in the world auto market is so depressed that every model is falling sharply in sales."
Toyota said last year that it was stopping production at its 12 domestic plants for three days in January. But it decided on additional closures because of the global downturn. Toyota will stop output for six days in February and five days in March, it said.
Of Toyota's domestic factories, four produce vehicles while the rest make engines and auto parts.
Overnight, Toyota reported that its U.S. sales in December were down 37 percent on year, a larger drop than Ford Motor Co.'s 32 percent drop and General Motor's 31 percent slide.
Toyota last year suspended production at its auto plants in Alabama, Indiana and Texas for three months, and shut down output for two days in December at all its North American vehicle factories including five in the United States, one in Canada and another in Mexico.
Read tomorrow's Arkansas Democrat-Gazette for full details.
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This article was published January 6, 2009 at 11:22 a.m.-
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