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July 21, 2020

Toyota trims planned August output

Toyota Motor reportedly will make 2% fewer vehicles globally in August than originally planned as output recovers gradually from a steep drop because of the coronavirus pandemic.

By Olly Wehring

Toyota Motor reportedly will make 2% fewer vehicles globally in August than originally planned as output recovers gradually from a steep drop because of the coronavirus pandemic.

The company told Reuters it aimed to make 15,000 fewer vehicles than its initial plan, which was around 750,000, according to the news agency's calculations. The August reduction is smaller than the cut of 10% seen in July, and a 40% reduction in June.

Japan currently fears a second wave of infections spreading from Tokyo and one Toyota employee, working at its headquarters [Toyota City, near Nagoya, ed], had tested positive for coronavirus since developing symptoms earlier this month, the company told Reuters.

It added it had disinfected the affected work sites on 17 July and restarted operations shortly afterwards.

In the midst of the pandemic, the company also plans to skip media briefings for its fiscal first and third quarterly results but only release filings, a company spokeswoman told Reuters.

The updated production is a 9% output cut from a year ago.

Toyota also said it would produce 6,000 fewer vehicles in Japan and 9,000 less overseas.

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