Toyota Expands Overseas Production Cuts Amid Middle East Tensions and Weak Demand

From:Internet Info Agency

2026-06-23 20:17:00

Toyota Motor Corporation has decided to cut overseas production by approximately 100,000 vehicles by February 2027, expanding its previous reduction plans, due to disrupted logistics in the Middle East and weakening consumer demand caused by rising fuel prices. The production cuts primarily affect gasoline-powered models destined for the Middle Eastern and Asian markets. Previously, Toyota had planned to reduce overseas output by about 38,000 vehicles between May and November, later revising the reduction for June through November upward to approximately 83,000 vehicles.

Editor:NewsAssistant

Most Viewed in 24 Hours

BMW i3, i4 Models Show Battery Warning; Official Response: Safe to Drive, Inspections Scheduled

BMW i3, i4 Models Show Battery Warning; Official Response: Safe to Drive, Inspections Scheduled

NewsAssistant

2026-06-24
Eight Traditional Automakers Lose Production Licenses in 2026 as Industry Shakeout Accelerates

Eight Traditional Automakers Lose Production Licenses in 2026 as Industry Shakeout Accelerates

NewsAssistant

2026-06-22
BYD Overtakes MG in European Sales for First Time in May, Chinese Brands Hit Record Market Share

BYD Overtakes MG in European Sales for First Time in May, Chinese Brands Hit Record Market Share

NewsAssistant

2026-06-23
XPeng MONA L03 Official Images Released, Launching in July from RMB 130,000

XPeng MONA L03 Official Images Released, Launching in July from RMB 130,000

NewsAssistant

2026-06-23
Rumor of

Rumor of "Eight Automakers Losing Vehicle Production Licenses Permanently" Debunked; Haima and Others Confirm Licenses Remain Valid

NewsAssistant

2026-06-22
UN Adopts First Global Technical Regulation on Automated Driving Systems, Led by China

UN Adopts First Global Technical Regulation on Automated Driving Systems, Led by China

NewsAssistant

13 hours ago
Chery Zongheng F700 Pickup Unveiled: PHEV Power, 1,300km Range, 800V Fast Charging

Chery Zongheng F700 Pickup Unveiled: PHEV Power, 1,300km Range, 800V Fast Charging

NewsAssistant

2026-06-23
Goldman Sachs Raises Luxshare Precision Target Price to RMB 106, Citing Data Center and Automotive Electronics Growth

Goldman Sachs Raises Luxshare Precision Target Price to RMB 106, Citing Data Center and Automotive Electronics Growth

NewsAssistant

2026-06-24
Avatr 07L Interior Revealed with Huawei ADS, Offering Both Range-Extended and Pure EV Options

Avatr 07L Interior Revealed with Huawei ADS, Offering Both Range-Extended and Pure EV Options

NewsAssistant

2026-06-24
AGILINK Hits Unicorn Status in Just 5 Months, Secures Nearly RMB 1 Billion in Funding

AGILINK Hits Unicorn Status in Just 5 Months, Secures Nearly RMB 1 Billion in Funding

NewsAssistant

2026-06-24