Toyota, a global leader in the automobile business, has temporarily halted operations at all of its assembly factories in Japan owing to a problem with the company's manufacturing system.
Because of this move, the domestic manufacturing of the automaker with the most sales in the world has come to a complete halt.
Due to the issue, the company has been unable to place orders for the necessary components.
According to a spokesman who talked to the BBC, the company is working to determine the source of the issue, but they do not believe that it is the result of a cyber assault at this time.
On Tuesday morning, Toyota announced that 12 of its 14 assembly factories located in Japan will be suspending operations.
In the later part of the day, a representative said that production will be halted across all 14 locations.
The company has not yet provided any information regarding when it intends to resume operations or how much production is anticipated to be lost as a result of the pause in production.
It is believed that the 14 plants together are responsible for approximately one third of Toyota's total production worldwide.
The production halt comes at a time when Toyota in Japan had been making progress toward a recovery from a slew of problems.
The previous year's activities were hampered as a result of a cyber attack that was launched against one of the company's suppliers.
The one-day disruption resulted in a loss of production of around 13,000 automobiles.
Additionally, in December of the previous year, Toyota halted operations at some of its production lines in Japan owing to the coronavirus lockdown in Shanghai, which is the economic capital of China.
Toyota's statement from the time read as follows: "As a result of the impact of the semiconductor shortage, we announced our revised production plan for May."
Toyota was one of the first companies to implement the so-called "just-in-time" production method, which helps keep prices low but leaves the company susceptible to issues in the event that supplies of components are delayed.
Because of this move, the domestic manufacturing of the automaker with the most sales in the world has come to a complete halt.
Due to the issue, the company has been unable to place orders for the necessary components.
According to a spokesman who talked to the BBC, the company is working to determine the source of the issue, but they do not believe that it is the result of a cyber assault at this time.
On Tuesday morning, Toyota announced that 12 of its 14 assembly factories located in Japan will be suspending operations.
In the later part of the day, a representative said that production will be halted across all 14 locations.
The company has not yet provided any information regarding when it intends to resume operations or how much production is anticipated to be lost as a result of the pause in production.
It is believed that the 14 plants together are responsible for approximately one third of Toyota's total production worldwide.
The production halt comes at a time when Toyota in Japan had been making progress toward a recovery from a slew of problems.
The previous year's activities were hampered as a result of a cyber attack that was launched against one of the company's suppliers.
The one-day disruption resulted in a loss of production of around 13,000 automobiles.
Additionally, in December of the previous year, Toyota halted operations at some of its production lines in Japan owing to the coronavirus lockdown in Shanghai, which is the economic capital of China.
Toyota's statement from the time read as follows: "As a result of the impact of the semiconductor shortage, we announced our revised production plan for May."
Toyota was one of the first companies to implement the so-called "just-in-time" production method, which helps keep prices low but leaves the company susceptible to issues in the event that supplies of components are delayed.
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