Toyota recently resumed half-time production at all of its facilities across Japan. Certainly a very exciting day, but with no word on when full production would resume.
Now we know. CEO, Akio Toyoda has revealed that Toyota Motor will not return to pre-disaster production levels until the end of the year.
We were shocked, too. This time frame is by far the longest forecasted, yet.
At this point, 17 plants in Japan are working only at half volume and plants overseas at just 40 percent. Toyota reports that all of its Japanese facilities will continue half-speed operations at least through…