Toyota will stop production in Japan next week


Moscow. February 1. Japanese automaker Toyota Motor next week will stop all your businesses in Japan due to the lack of details. All production lines will be stopped from 8 to 13 February, said in a statement.

In early January at a steel mill owned by Aichi Steel Corp., there was an explosion. The company is a supplier of special steels, used Toyota for production of engines, transmissions and chassis of cars.

Aichi Steel, 33% of which is owned by Toyota, plans to resume production of steel to the end of March.

Toyota is going to re-start production of cars in Japanese factories, on February 15, after will be able to find a replacement for the parts supplier, reports the BBC.

The company said that the current situation does not affect production in other countries.

Stock quote Toyota on Monday grew by 1.9%, while the Topix stock index increased by 2.1%.

Toyota was able in 2015 to retain the championship in sales volume of cars in the world markets for the fourth consecutive year. Last year it sold 10,15 million vehicles, including sales of units Daihatsu and Hino Motors. About 2014 the index decreased by 0.8%, as strong results in the U.S. could not offset the downturn in South-East Asia and other emerging markets.