Toyota forecasts production to approach normal after July

June 15, 2011

Toyota has announced that it expects to reach nearly normal production levels after July 2011 and begin making up for lost production in October.

Toyota estimates include the following:

• The company will lose about 800,000 units of production during the first half of the year
• It will make up about 350,000 units during the second half of the year (for a net loss of 450,000 units)
• Production will be at near normal levels after July 2011, although there may be some discrepancies between models and regions

PHH will provide updated information as it becomes available.

Please contact your New Vehicle Acquisition Consultant if you have any questions.

Tags:  Toyota