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Toyota cuts 2024 global vehicle output forecast by 5%, Chubu Keizai newspaper reports

Channel News Asia LogoChannel News Asia4h ago

Toyota cuts 2024 global vehicle output forecast by 5%, Chubu Keizai newspaper reports - Channel News Asia

Quick Summary:

TOKYO : Toyota Motor has downgraded its global vehicle production plan for the calendar year 2024 by about 5 per cent due to output suspension at domestic factories, Chubu Keizai newspaper reported on Thursday.

FILE PHOTO: A man works on the production line at the Toyota factory in Derby, central England, March 7, 2011.

The Japanese automaker has told major suppliers its worldwide vehicle production is expected to be 9.8 million units, versus 10.3 million expected previously, the newspaper reported without citing sources.


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Toyota cuts 2024 global vehicle output forecast by 5%, Chubu Keizai newspaper reports - Channel News Asia (Picture 1)Toyota cuts 2024 global vehicle output forecast by 5%, Chubu Keizai newspaper reports - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 07:38:56 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 165 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21974180

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 58 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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