Toyota, Nissan to cut back production in China
Quotes

Toyota, Nissan to cut back production in China

Last Updated: Thursday, September 27, 2012, 15:43
 
 Comment 0
 
Toyota, Nissan 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.

ANI



First Published: Thursday, September 27, 2012, 15:43


Comments


comments powered by Disqus
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved