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Tue May 10, 2011
Car production in Japan could return to normal earlier than expected
Car production in Japan could return to normal earlier than expected.
From the Associated Press:
A report says Toyota's global car production, disrupted by parts shortages after Japan's March 11 earthquake and tsunami, will likely return to normal two to three months earlier
Japan's top business daily Nikkei said Tuesday that Toyota's output will normalize earlier than the end of this year as parts shortages are easing. It didn't cite any sources.Toyota said last month its worldwide production will likely return to normal levels by November or December.
Toyota Motor Corp. spokeswoman Shiori Hashimoto could not confirm the report.
The disasters destroyed many factories in northeastern Japan, causing severe parts shortages for Toyota and other automakers. The supply crisis has cost the company production of 400,000 vehicles in Japan, and 100,000 overseas.