Toyota Motor to cut Middle East output by nearly 40,000 vehicles, Nikkei reports

Toyota Motor is reducing vehicle production for Middle Eastern markets. Nearly 40,000 fewer vehicles will be made for March and April. This is due to shipping disruptions through the Strait of Hormuz. Popular models like the Land Cruiser will be a...

PTI
Toyota Kirloskar Motor Deputy Managing Director Tadashi Asazuma
​Toyota Motor ​will produce nearly 40,000 fewer vehicles bound for Middle Eastern markets due to logistical ‌concerns stemming ⁠from ⁠the U.S.-Israeli campaign against Iran, the ​Nikkei reported on Thursday.

Toyota Motor has notified ​parts suppliers of its revised production plans for March and April, ​the report said.

The output ⁠cut comes ‌after the disruption ​of ​shipping through the Strait of ⁠Hormuz, a narrow chokepoint between Iran and ​Oman.


The cut will mainly ​affect popular models including the Toyota Land Cruiser sport utility vehicle, as well as sedans and commercial vans, the Nikkei ‌newspaper reported.

Toyota Motor did not immediately respond to a ​Reuters request for ​comment.

Toyota ⁠Motor's monthly exports to the Middle East are estimated at around 30,000 vehicles, ​meaning the cutbacks would amount to roughly 60% to 70% of that volume, the report added.
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