Toyota to reduce production in India

April 22nd, 2011 - 5:05 pm ICT by IANS  

Chennai, April 22 (IANS) The Indian joint venture of Japanese car maker Toyota Friday announced production adjustments due to component supply issues from Japan following last month’s earthquake and tsunami.

Toyota Kirloskar Motor Pvt Ltd said in a statement that the company’s plants near Bangalore in Karnataka will work at 30 percent capacity between April 25 and June 4.

Production will be suspended on Mondays and Fridays during that period.

The two plants of Toyota Kirloskar have a total annual production capacity of 150,000.

The first plant with an annual capacity of 80,000 units rolls out Corolla Altis, Innova and Fortuner and the 70,000 units per annum second plant makes Etios Sedan and Hatchback Liva. Liva will go on sale this month.

“It is important to note that this is a necessary response to a short-term supply issue and we intend to restore the normal operations as soon as possible,” Managing Director Hiroshi Nakagawa said.

“Our focus is on ensuring optimum stock management to reduce the impact on our customers from the immediate production shortfalls,” he added.

Said Deputy Managing Director (Marketing) Sandeep Singh: “It may be difficult to avoid the inconvenience caused to our customers, and we deeply apologise for the same. We will try to minimise any delivery delays.”

The production schedule post-June 4 will be decided later.

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