Due to COVID-19 Spread... Toyota "Temporary Suspension of All Factories in Europe"

COVID-19 Causes 14% Drop in Global Production Units in February, 77% Decrease in China

[Image source=Yonhap News]

[Asia Economy Reporter Ki Ha-young] Due to the spread of the novel coronavirus infection (COVID-19), Toyota Motor Corporation will temporarily suspend operations at all its factories in Europe.

According to Kyodo News on the 30th, Toyota plans to halt operations at its Russian factory from the 30th until April 4th. The restart dates for factories in six European countries? the UK, Turkey, France, the Czech Republic, Poland, and Portugal? which are already suspended, are also scheduled no earlier than April 20th.

Accordingly, Kyodo News reported that all Toyota factories in Europe will cease operations from the end of this month to early next month.

Toyota announced that its global vehicle production last month was 625,750 units, a 13.8% decrease compared to February of last year. Production in China dropped by 77.4% to 15,311 units. The news agency analyzed that this was influenced by the suspension of operations at four complete vehicle factories in China amid the spread of COVID-19.

Meanwhile, the production volume at Chinese factories of eight major Japanese automobile manufacturers, including Toyota, in February fell sharply by 86.7% year-on-year to 29,911 units. As a result, the total production performance of these manufacturers' overseas factories decreased by 18.6% to 1,141,214 units.

This content was produced with the assistance of AI translation services.