Thai Floods: Update on Toyota’s North American Production image

Thailand’s four-month-old flood crisis began to ease and a large number of automotive suppliers and part makers are trying to restart production.

In addition, water is currently being pumped out of four of the seven affected industrial parks.

Based on parts availability, Toyota’s North American vehicle plants will continue operating on a normal production schedule the weeks of Nov. 21 and Nov. 28, including overtime. Toyota will also operate previously scheduled Saturday production at Toyota Motor Manufacturing, Canada on Nov. 26 and Dec. 3.

The Japanese automaker said that with healthy inventory levels at dealerships leading into the annual Toyotathon year-end sales event, Toyota is well positioned to achieve its fourth quarter sales objectives.

Decisions regarding future production schedules will be made based on an ongoing assessment of the parts supply situation, Toyota said in a statement.
Toyota President Akio Toyoda said last week the company isn’t considering reducing investment in Thailand, where the automaker suspended production at three factories starting Oct. 10 because of parts shortages.

Toyota, Japan’s biggest automaker, says the floods have cost it 150,000 vehicles in lost production – 90,000 in Thailand itself, 40,000 in Japan and the rest across the region.