Toyota Motor Co., the world's largest automaker, plans to close the first one of its assembly plants in the country for a long time against the minimum by more than 30 years in car sales in Japan, reported Bloomberg.
Toyota, which until June 2009 had already reduced production by 49%, intends to reduce it by another 220 thousand vehicles, closing Takaoka assembly plant in Tokyo, with the first quarter of next financial year (April-June 2010) until the second half of 2011 year, said company representative Ririko Takeyuti.
Falling demand for vehicles around the world in terms of recession prompted U.S. automakers General Motors Corp. and Chrysler to declare bankruptcy. Toyota this month published a forecast, according to which its net loss in the current fiscal year ending in March 2010, amount to 450 billion yen ($ 4.8 billion).
Toyota President Akio Toyoda, took office in June, reduces the jobs in order to avoid losses during the third consecutive fiscal year.
Toyota will transfer part of production with the closing line to other plants, say in the company. Will also be saved jobs 1,7 thousand employees of this company.
According
Takeyuti, Toyota manufacturing facilities around the world enable the company to produce 10 million cars per year. In this fiscal year, according to the forecast the company, production will amount to 6.68 million vehicles compared with 9.24 million a year earlier.
share of Toyota in the Japanese market, excluding cars, Lexus, is about 40%.
Better market traded shares of Russia's steel companies: Severstal (2,37%), CMI (0.9%), Mechel (1.3%)
After strong growth in the previous week in the markets, a correction, the value of which is difficult to predict
E-generator has prepared a draft decision to the demographic problem
Euro still been able to consolidate a bit, but so far he has enough strength to break the current region Resistance 1.4320/30
European stock markets have reached up to the auction on Tuesday a peak in October last year
Now on the market struggles excessive optimism and local overbought
Former head of the NBU Tigipko considers inconsistent policy of NBU on the interbank market
NBU intends to protect the banks from the early withdrawal of funds from time deposits
Shlapak declares its readiness to consider the Cabinet's translation depositors Ukrprombank in Oschadbank
Toyota plans to close one of the assembly plants in Japan in spring 2010
Toyota Motor Co., the world's largest automaker, plans to close the first one of its assembly plants in the country for a long time against the minimum by more than 30 years in car sales in Japan, reported Bloomberg.
Toyota, which until June 2009 had already reduced production by 49%, intends to reduce it by another 220 thousand vehicles, closing Takaoka assembly plant in Tokyo, with the first quarter of next financial year (April-June 2010) until the second half of 2011 year, said company representative Ririko Takeyuti.
Falling demand for vehicles around the world in terms of recession prompted U.S. automakers General Motors Corp. and Chrysler to declare bankruptcy. Toyota this month published a forecast, according to which its net loss in the current fiscal year ending in March 2010, amount to 450 billion yen ($ 4.8 billion).
Toyota President Akio Toyoda, took office in June, reduces the jobs in order to avoid losses during the third consecutive fiscal year.
Toyota will transfer part of production with the closing line to other plants, say in the company. Will also be saved jobs 1,7 thousand employees of this company.
According
Takeyuti, Toyota manufacturing facilities around the world enable the company to produce 10 million cars per year. In this fiscal year, according to the forecast the company, production will amount to 6.68 million vehicles compared with 9.24 million a year earlier.
share of Toyota in the Japanese market, excluding cars, Lexus, is about 40%.
Better market traded shares of Russia's steel companies: Severstal (2,37%), CMI (0.9%), Mechel (1.3%)
After strong growth in the previous week in the markets, a correction, the value of which is difficult to predict
E-generator has prepared a draft decision to the demographic problem
Euro still been able to consolidate a bit, but so far he has enough strength to break the current region Resistance 1.4320/30
European stock markets have reached up to the auction on Tuesday a peak in October last year
Now on the market struggles excessive optimism and local overbought
Former head of the NBU Tigipko considers inconsistent policy of NBU on the interbank market
NBU intends to protect the banks from the early withdrawal of funds from time deposits
Shlapak declares its readiness to consider the Cabinet's translation depositors Ukrprombank in Oschadbank