Paul Nolasco News
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Toyota Motor Corp. , the world’s largest automaker, extended production cuts at its North American and Chinese plants because of a shortage of parts after Japan’s record earthquake and tsunami last month.
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Toyota Motor Corp., the last of Japan’s major automakers to announce plans to reopen domestic auto plants after the nation’s record earthquake, will resume output at all local factories on April 18.
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Asian stocks advanced, driving the regional benchmark index to its highest level since last month’s earthquake, on speculation damage was limited from yesterday’s 7.1 magnitude aftershock in Japan and that engineering companies may benefit from efforts to rebuild the country.
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Sony Corp. and Canon Inc. were among manufacturers that shut plants in Japan following a 7.1- magnitude earthquake yesterday, delaying their recovery from last month’s record temblor.
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Toyota Motor Corp . posted record sales of its Prius hybrid in the first two months of this year. Japan’s strongest earthquake hindered the company’s ability to keep that pace.
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Toyota Motor Corp. plans to resume production of the Prius and two other hybrid models in Japan as the nation’s automakers work to restart operations after an earthquake and tsunami idled plants for two weeks.
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Toyota Motor Corp. gained the most in more than two years in Tokyo trading as carmakers and suppliers began to reopen factories closed after Japan’s strongest earthquake on record.
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Toyota Motor Corp. will halt production of hybrid vehicles in Japan for one day on March 30 to confirm it has an adequate supply of parts.
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Tokyo Steel Manufacturing Co. and producers including Fuji Heavy Industries face a cut in summer power supply of about 15 percent after Japan’s strongest earthquake knocked out generators, curbing growth in the world’s third-largest economy.
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Honda Motor Co. , grappling with the worst strikes to hit its 18-year-old Chinese manufacturing business, said it needs to improve communication with employees in the nation after the walkouts took the company by surprise.
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