14 Mar '11, 5am

Toyota says it will suspend all production in Japan until March 16 following last Friday's earthquake

Toyota says it will suspend all production in Japan until March 16 following last Friday's earthquake

A file picture taken on October 2, 2006 shows a worker at Japan's auto giant Toyota Motor assembling a Lexus car at the company's plant in Miyata City, Fukuoka Prefecture. Toyota Motor Co said it would suspend all production in Japan until at least March 16. -- PHOTO: AFP TOKYO - TOYOTA Motor Co said on Monday that it plans to suspend all production in Japan at least until March 16 following Friday's massive earthquake in northeastern Japan. The automaker said that the planned production halt from March 14 to March 16 would reduce output by 40,000 vehicles. Toyota has said it halted production at all of its 12 factories in Japan after the devastating earthquake and tsunami that struck the northeast coast of Japan Toyota made 234,045 vehicles in January in Japan, where it produces 38 per cent of its cars. Toyota's shares were trading down 7.7 per cent at 3,320 yen on Monday...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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