Toyota to slash production by between 5-20% from previous plan - paper

Source: www.reuters.com

By Reuters Staff

1 Min Read

TOKYO (Reuters) - Toyota Motor Corp has told its main suppliers it would reduce domestic production by up to 20% from previous its plan for the three months starting April, a regional newspaper reported on Friday.

The automaker is planning to scale back domestic production by about 20% in April, roughly 10% in May and about 5% in June from previous plan, the Chubu Keizai Shimbun reported.

Reporting by Satoshi Sugiyama; Editing by Sam Holmes