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Toyota Motor restores vehicle output in Japan to near-normal levels

Automaker Toyota resumes partial production at three Toyota factories in Thailand
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Toyota Motor said it has restored vehicle output in Japan to near-normal levels on Monday, after severe flooding in Thailand disrupted supply chains, BBC News reported.

The partial production at three Toyota factories in Thailand has also resumed. Last month,the carmaker was forced to cut production around the world.

The flooding in Thailand has resulted in more than 600 deaths. It has also forced many businesses to shut down.

The factory closures and other disruptions resulting from weeks of flooding have contributed to an 18.5% fall in Toyota’s July to September  profits.

The car maker has withdrawn its profit and vehicles sales forecasts due to continued uncertainty.

The output cancelations have come at a time when Toyota was starting to ramp up production to make up for lost output after the earthquake and tsunami in Japan in March.

Spokesman Dion Corbett estimates that 150,000 units of production have been lost globally
since October due to floods.

Toyota Motor Corporation is a multinational automaker headquartered in Japan. Last year, the company employed 317,734 people worldwide and was the world’s largest automobile manufacturer by production. The companies group companies are Toyota, Lexus,Daihatsu and Hino Motors along with several non-automotive companies.

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