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Category: Money

Toyota Shuts down its North American Factories due to Japan Shortages

Written on April 05, 2011 by Japhet Writ

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The Japan earthquake aftermath definitely has a large of long-term impact, as Toyota shuts down its North American factories due to car parts shortage.

just announced that they will shut down all of their North American factories due to shortages of parts in Japan. As said the by the car manufacturer’s representative, Mike Gross, this is will be a temporary .

The length of the shutdown is yet to be known, and will depend on how fast the Japanese parts factories can get back in operation. Toyota acquires 15% of its parts from Japan. That said, over 25,000 workers will be affected in this cease of operation.

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