Toyota to Suspend More Production Due to Shanghai Shortages
- Halting some lines in May and June due to parts supply issues
- Automaker keeping production forecast for year through March
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Toyota Motor Corp. is suspending more production due to parts shortages caused by the Covid-19 lockdown in Shanghai, a sign that supply-chain bottlenecks could persist even as the city starts to gradually reopen.
The world’s biggest automaker issued a statement Tuesday listing production lines that will be suspended in Japan, including at five plants early next month on top of stoppages already announced for May.