The Czech plant of Japanese Toyota Motor Corp will halt manufacturing for the month of February because of a scarcity of components, the corporate introduced on Tuesday.
“On account of a scarcity of elements within the provide chain, we will probably be pressured to quickly halt manufacturing from January 31,” spokesman Tomas Paroubek stated.
The Czech economic system is closely depending on the automotive business, which has recovered because it solves provide issues and gives some help to an economic system hit by excessive inflation.
Toyota operates one among three factories within the nation and elevated manufacturing 34.9 p.c year-on-year to 202,255 automobiles final yr.
The Czech Affiliation of the Automotive Trade stated manufacturing elevated total by 10.2% in 2022, to 1.218 million autos, with the Volkswagen Skoda Auto unit being the principle producer.
Learn additionally :