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Toyota halts factories in Thailand as COVID hits supply chain
Nikkei ^ | 7-22-21 | YOHEI MURAMATSU

Posted on 07/22/2021 8:23:50 PM PDT by dynachrome

Japanese auto group Toyota Motor has halted operations at its three factories in Thailand as the country's delta-variant COVID epidemic disrupts the supply of key automobile parts.

The closures underline how the pandemic is still putting the automobile supply chain under strain. The stoppage started from Wednesday (July 21) and will last at least until July 28, Nikkei has learned. Toyota said it will "assess the situation and decide" whether to resume operations from July 29.

The carmaker has sourced wire harnesses to connect electrical components from an external factory, which was recently forced to shut down temporarily due to an outbreak of the virus.

Due to local holidays, the Toyota factories were originally scheduled to close in any case from July 24 to 28. If the company can address the sourcing issue before July 29, it will be able to limit the adverse impact of the supply chain problem to just three days.

The factories' annual production capacity is 760,000 units, but in 2020, 440,000 automobiles were manufactured. Thailand is the third-biggest overseas production hub for Toyota, after China and the U.S.

Its Corolla sedan and Hilux pickup trucks are the main models manufactured in Southeast Asia's second largest economy. Half of the vehicles made are sold locally and the rest are exported globally.

This is the second time Toyota's production in Thailand has been disrupted by the COVID-19 pandemic. The factories closed during Thailand's first wave in March 2020.

(Excerpt) Read more at asia.nikkei.com ...


TOPICS: Business/Economy; Foreign Affairs; Japan; News/Current Events
KEYWORDS: factory; japan; thailand; toyota
Supply chains. Check them.
1 posted on 07/22/2021 8:23:50 PM PDT by dynachrome
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To: dynachrome

There is absolutely no doubt in my mind now that this is biowarfare - and intentional.


2 posted on 07/22/2021 8:28:44 PM PDT by Skywise
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COVID, chip shortages, leading US sales... a combination of that.


3 posted on 07/22/2021 8:29:29 PM PDT by Gene Eric (Don't be a statist!)
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To: wattojawa

Ping.

John Donne said “no man is an island”.

So likewise, no supplier.


4 posted on 07/22/2021 8:35:43 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: Skywise

+1

Eagerly awaiting and volunteering for the RESPONSE!


5 posted on 07/22/2021 8:36:43 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: lightman

Didn’t Toyota just “go woke” and state they’d no longer donate to conservative causes?


6 posted on 07/22/2021 9:30:03 PM PDT by Salamander (We Have Forgotten The Faces Of Our Fathers....)
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