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.
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, November 24
-
OER Magazines1 month ago
OER Magazine: December 2024 Edition – The Most Trusted Brands in Oman
-
Energy2 months ago
Oman and Belgium Strengthen Green Hydrogen Partnership with New Landmark Agreement
-
Energy2 months ago
OUTLOOK: Emerging Markets and Renewables – The Twin Engines of Energy Growth for 2025
-
Technology1 month ago
EXCLUSIVE: Technological Singularity – Will It Become Humanity’s Greatest Leap or Its Most Perilous Step?
-
Oman2 months ago
Oman Braces for Launch of First Experimental Rocket Duqm-1 on 4 December 2024
-
Magazines2 months ago
OER Magazine: November 2024 Edition
-
Oman2 months ago
Transport Ministry Issues New Regulation for Security of Ships, Ports