Tag: Toyota Motor Corp

System Failure Halts Production at Toyota’s Japan Assembly Plants
Business

System Failure Halts Production at Toyota’s Japan Assembly Plants

Toyota Motor Corp, the world's largest automaker, has temporarily suspended operations at all 14 of its assembly plants in Japan due to a malfunction in its production system. This unexpected glitch has brought domestic production to a standstill and is hindering the automaker's ability to order crucial components for manufacturing. While the cause of the malfunction is still under investigation, a spokesperson from Toyota has stated that it is unlikely to be the result of a cyberattack. The suspension of operations affects 12 plants initially and was later extended to include the remaining two. This move is estimated to impact approximately one-third of Toyota's global production capacity, according to calculations by Reuters. The extent of the production loss remains uncertain. Toy...