24
May
12:50
Toyota extends production cuts into June
Japanese car manufacturer Toyota on Tuesday announced its output cuts for June, following on from reductions in May because of a parts shortage resulting from the spread of Covid-19 (see Kallanish 17 May).
The company plans to cut output by tens of thousands of units globally. The initial global production plan for June is approximately 850,000 units, including 250,000 units in Japan and 600,000 units overseas, Kallanish notes.
For the whole fiscal year endi…
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Very good overview of the weekly steel market.
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