Toyota suspends Thai production for another two weeks

[webfact]

Toyota suspends Thai production for another two weeks

By THE NATION

 

File photo

 

Toyota Motor Thailand has announced it is extending suspension of production at three of its plants – Samrong (Samut Prakan province), Ban Pho and Gateway (both in Chachoengsao province) – until April 30.

 

Production was halted at the plants on April 7 and had been rescheduled to start on April 17.

 

The action has been taken in line with continual monitoring of the Covid-19 situation and its impact on both domestic and overseas sales, as well as the slowdown in auto parts production around the world.

 

The company confirmed, however, that the extended suspension of production lines will not affect the operations of its Toyota or Lexus dealers.

 

Source: https://www.nationthailand.com/news/30386218

 

-- © Copyright The Nation Thailand 2020-04-17

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[hotchilli]

I would imagine this to continue more in the future, world sales will be dropping as lower end workers keep cash to top up bank accounts, not lay-out for a new vehicle.

[fruitman]

5 hours ago, hotchilli said:

I would imagine this to continue more in the future, world sales will be dropping as lower end workers keep cash to top up bank accounts, not lay-out for a new vehicle.

In Europe they predicted a massive price drop for new cars, something like 50% soon. It might be the same in Asia...

[Assurancetourix]

On 4/18/2020 at 6:11 PM, fruitman said:

In Europe they predicted a massive price drop for new cars, something like 50% soon. It might be the same in Asia...

They can even offer them;
No one has any money left, if only to refuel.