21
Jul
07:54
Toyota cuts August production guidance
Because of a long-standing shortage of parts resulting from the spread of Covid-19, Japan’s leading automobile manufacturer Toyota has decided to extend production cuts into August, according to its official announcement.
In the coming month, the firm plans to cut production by 150,000 units, including 50,000 units in Japan, Kallanish notes. In June and July, Toyota’s monthly output has been reduced by 90,000 units in two steps and 50,000 units, r…
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Very good overview of the weekly steel market.
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