Toyota to resume production next week

April 18, more than a month after they were brought to a halt following the nation’s biggest recorded earthquake.
“Toyota will start operating its assembly plants from the morning shift of April 18 until April 27,” a company spokesman said. Plants will then become idle for the Golden Week holiday season, as they do every year, he said, adding that no decision had been made for the post-Golden Week schedule. Toyota shares were up 1,36 percent at 3 340 yen in Tokyo afternoon trade. The restart plan comes as a boost to an vehicle maker that was threatened with a downgrade of its long-term credit rating by Moody’s. – AFP.

Related Posts

Economy: Growth signs visible

Martin Kadzere Senior Business Reporter ZIMBABWE has made significant progress towards achieving upper-middle-income status, with the country’s Gross National Income per capita growing by 84 percent since 2021, Finance, Economic…

Gold to shield Zim from Middle East conflict fallout: AfDB

Africa Moyo Deputy National Editor ZIMBABWE’S strong gold sector and broad resource base are expected to cushion the economy against the economic fallout from the escalating conflict in the Middle…

Leave a Reply

Your email address will not be published. Required fields are marked *

×