Finishing

Toyota Motor Corporation today issued a press statement that it will be stopping production at its Japan domestic plants from February 8 to 13 due to an explosion at a facility belonging to Aichi Steel Corporation on January 8.

A Toyota spokesman said in a Reuters report that it had enough inventory to keep the Toyota plants running till February 8, and that all overtime and weekend shifts had been cancelled. In a separate statement, Aichi Steel said the explosion at its Chita plant in central Japan had halted the production of special steel parts and it planned to resume operations on March 8.

This unplanned shutdown may have an impact on Toyota’s Japan production plan of 4.13 million vehicles this year, of which approximately 46% are exported. Toyota had no comment about which vehicles would be affected out of the 14,000 units a day it produces in Japan.

Toyota’s planned 2016 production is 10.2 million vehicles world-wide, from last year’s figure of 10.15 million vehicles. This makes Toyota the world’s largest carmaker, beating Volkswagen.