Toyota: Shutdown of North American factories inevitable
by Associated Press
Published: April 4,2011
LOUISVILLE, Ky. — A Toyota Motor Corp. spokesman says it’s inevitable that the company will have to shut down its North American factories due to shortages of parts from Japan.
Spokesman Mike Goss says the shutdowns are likely to take place later this month, affecting about 25,000 workers. But he says no layoffs are expected.
He says the length of the shutdowns is unknown and depends on how fast earthquake-damaged Japanese parts factories get back in operation.
Toyota gets about 15 percent of its parts from Japan for cars and trucks built in North America.
The company has more than a dozen North American factories.
Goss made the comments today before an appearance in Louisville by Toyota’s head of North American operations.
Source: Associated Press
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