Toyota Extends Production Halt until March 22

The ongoing disaster in Japan caused by Friday�s massive earthquake and tsunami is forcing many automakers to extend production halts on domestic plants well into next week. Today, Toyota announced that it has decided to continue the vehicle-production halt started on March 14 at all of its plants in Japan, including all subsidiary vehicle manufacturers, through March 22. According to reports, the suspension of production has already cost Toyota some 40,000 vehicles up until now.
�A decision on when vehicle production will resume in Japan has yet to be made,� the company said in a written statement.
However, the world�s largest automaker noted that it will resume production of replacement parts for vehicles already on market beginning on Thursday, March 17, adding that it also plans to restart manufacturing parts for overseas production on Monday, March 21.