Toyota, Nissan to cut back production in China
Japanese car manufacturers Toyota and Nissan have announced plans to cut back production in China.
London: Japanese car manufacturers Toyota and Nissan have announced plans to cut back production in China.
Toyota said it was reducing output because of a slowdown in demand.
“We have seen an effect on sales and orders in China so we are adjusting our production to meet that situation,” the BBC quoted Dion Corbett, a spokesperson for Toyota, as saying.
Toyota said when the plants reopen ‘operations will be adjusted to match the situation’.
According to the report, neither Toyota nor Nissan provided exact numbers for how much production would be cut.
The move came shortly after a wave of anti-Japanese protests across China that led to a halt in production for several days at many Japanese companies.
The demonstrations were a result of a territorial dispute between the two countries over islands in the East China Sea.