Toyota suspends Sichuan plant over power shortage - Breaking The News
Download our appPlay StoreApp Store

Toyota suspends Sichuan plant over power shortage

EPA-EFE/FRANCK ROBICHON

Toyota Motor confirmed on Tuesday it has halted work at its facility in China's province of Sichuan until August 20 following the decision of local authorities to order electricity rationing.

The Sichuan province in the southwest has been battling its worst heatwave in the last six decades, prompting various industrial sectors in 19 out of the region's 21 cities to suspend operations until the end of the week.

"We're monitoring the situation every day and following the guidance from the government," A Toyota spokesman noted without revealing how significantly the production will be affected.

Related Stocks
TOYOTA MOTOR
Related News
Honda delays creation of EV value chain in Canada
Honda Motor Co., Ltd. announced on Tuesday the postponement of its plan to establish a comprehensive electric vehicle value chain in Canada.The company stated that the original plan announced in April last year will be postponed by approximately two years due to the current slowdown in electric vehicle demand. Honda had previously intended to strengthen its electric vehicle supply system and increase demand in North America, setting a goal to make...
Honda's full-year profit drops 24.5% to ¥835.8B
Honda Motor Co. Ltd. reported on Tuesday that its consolidated profit attributable to owners of the parent for the fourth quarter of the fiscal year ending March 31, 2025, landed at ¥835.8 billion ($5.65 billion).Earnings per share in the twelve-month period stood at ¥178.93, falling from ¥225.88 reported for the previous fiscal year. Operating profit slid 12.2% to ¥1.2 trillion, while sales revenue grew 6.2% to ¥21.7 trillion.The carmaker noted it expects its revenue to...
Stellantis aims to start Fiat 500 Hybrid production in November
Stellantis NV announced on Monday that it expects its Fiat 500 Hybrid production to kick off in November at the Mirafiori plant in Turin, Italy. The auto giant further said it assembled the first "pre-production units" of the new Fiat 500 Hybrid at the Mirafiori plant, adding that it aims to manufacture over 100,000 units of the hybrid model per year at full capacity."With the 500 Hybrid, we are strengthening production at Mirafiori to ensure the plant's productivity and...
Nissan expected to cut more than 10,000 jobs
Nissan Motor Co., Ltd. plans to cut more than 10,000 jobs worldwide, Japanese NHK reported on Monday.The carmaker had previously announced slashing 9,000 employees in November. Combined with the latest plans, the company aims to reduce its workforce by 15% due to its financial struggles. The company officials refused to comment on the report.The Japanese carmaker had previously announced it expects between ¥700 billion and ¥750 billion in...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.