Toyota to boost North American production earlier than expected
May 12, 2011
Toyota Motor Engineering and Manufacturing North America, Inc. (TEMA) has announced it will boost production earlier than expected following the earthquake and tsunami in Japan. According to Toyota, parts availability from Japan has improved. As a result, beginning in June, North American production will reach approximately 70% of normal levels, up from approximately 30% in May.
Toyota has said it will continue to evaluate production model-by-model on a monthly basis, with a goal to return to fully normalized production by late this year. Eight models are scheduled to return to 100% production in June: Avalon, Camry, Corolla, Highlander, Matrix, Sequoia, Sienna and Venza.
PHH will provide additional information as it becomes available.
