Toyota expects further recovery in global car production for August

July 21, 2020

Toyota Motor Corporation aims to produce just 2% fewer vehicles globally in August than it had originally planned, as the automaker sees output recover slowly from the huge impact of coronavirus (COVID-19), reports Reuters.

Global automakers are said to be gradually resuming vehicle production after a period of plant closure due but despite this recovery, many still anticipate that output and sales will be lower than last year.

Toyota had planned to manufacture 15,000 fewer vehicles than its initial plan, which was reportedly about 750,000. August’s reduction is smaller than the cut of 10% seen in July, and 40% in June.

The updated production plan is said to represent an output cut of 9% from a year ago. The Japanese automaker reported that it would produce 6,000 fewer vehicles in Japan, and 9,000 less overseas.

www.global.toyota/en/

Latest Industry News

Download the latest issue of PM Review

Our latest issue is now available to download in PDF format, free of charge.

As well as an extensive Powder Metallurgy industry news section, this 92-page issue includes the following exclusive articles and reports:

  • The MPIF reflects on the state of the North American Powder Metallurgy industry in 2020
  • Next-level defect detection with advanced Acoustic Resonance Inspection
  • A fully-integrated automated production cell for increased PM productivity
  • MPIF Powder Metallurgy Design Excellence Awards showcase range of demanding applications
  • The micro-ingot route: A variant of the PM process that could offer new opportunities for the PM industry
  • More information

Industry News

E-newsletter

Sign up to our free e-newsletter, sent weekly to industry professionals around the world. We'll also let you know each time a new issue of PM Review magazine is available.

Subscribe for a FREE digital magazine

PM Review is the leading international magazine for the Powder Metallurgy industry.
Published four times a year, it is available as a free download or through a print subscription

Connect with us

Powder Metallurgy: The original net-shape production process

Powder Metallurgy components are relied upon by a wide variety of manufacturing industries, from automotive to power tools, household appliances, chemical engineering, filtration and more.

The main reason for the technology’s success is its cost-effectiveness at producing high volumes of net-shape components, combined with its ability to allow the manufacture of products that, because of the production processes, simply cannot be manufactured by other methods.

To discover more about how the technology has revolutionised component production, browse our Introduction to Powder Metallurgy.

Latest industry news

Copy link
Powered by Social Snap