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March 10, 2020

Toyota cutting Lexus output as China sales slow

Toyota Motor will temporarily cut output of Lexus models in Japan from next week due to a fall in demand in China because of the coronavirus outbreak, a company source was quoted as saying on Tuesday (10 March).

By Olly Wehring

Toyota Motor will temporarily cut output of Lexus models in Japan from next week due to a fall in demand in China because of the coronavirus outbreak, a company source was quoted as saying on Tuesday (10 March).

The output cut, from next Monday to the end of the month, would amount to about a 6% reduction from the originally planned level at the plants in Fukuoka and Aichi prefectures, a Kyodo News report in the Japan Times said.

Sales of new Toyota cars, including Lexus models, in China plunged 70% year on year in February due to the impact of coronavirus.

The automaker sold about 1.62m vehicles in China last year, compared with 1.61m in Japan, surpassing domestic sales for the first time.

Lexus models have enjoyed high demand in China, with 202,000 vehicles sold in 2019, up 25%.

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