Toyota: U.S. Production To Hit 70 Percent In June
DETROIT (AP) — Toyota Motor Corp. says North American production will rise to 70 percent of normal in June as the company begins to recover from parts shortages caused by the earthquake in Japan.
The company cut production to about 30 percent of normal in May by idling factories for several days or reducing their hours. It warned dealers to expect shortages of some models well into the summer.
Toyota now says the parts situation is improving and it can increase production faster than expected.
A March 11 earthquake and tsunami damaged auto parts plants in northeastern Japan, causing parts shortages that have affected nearly all automakers.
Toyota has 13 factories in North America that employ 25,000 people. Toyota has said it won't lay off any workers.