Automotive
Toyota to Restart Three China Plants This Week Amid Virus Fight

(Bloomberg) –Toyota Motor Corp. will partly resume operations at three plants in China this week, bringing back some of the capacity that had been on an extended halt in response to the coronavirus outbreak that’s killed more than 1,600 people and pitched Asia’s top economy into turmoil.
The factories in Changchun and Guangzhou will restart on Feb. 17, while operations in Tianjin resume the next day, Kensuke Ko, a spokesman for the Japanese automaker, said in an email. The plant in Chengdu will restart after next week, he said.
The spread of the virus has weighed on the global economy, with some major carmakers extending plant shutdowns amid shortages of parts and as efforts to combat the outbreak impeded the flow of workers. An initial plan by Toyota to reopen factories on Feb. 9. was delayed. Fellow Japanese carmarker Honda Motor Co. has said it plans to restart its China manufacturing operations in the week from Feb. 17.
It’s hard to pin down a reason for the delay in the resumption of operations at the Chengdu plant, according to Ko. The supply chain for parts and government policies are some of the factors, he said.
-
Banking & Finance4 weeks ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, May 2025
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, May 25
-
Bahrain4 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Banking & Finance1 month ago
The Future of the International Financial System to be discussed at SPIEF 2025