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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