Toyota Motor Corp. says its car production in Japan plummeted 62.7 percent in March due to a parts supply crunch following the earthquake and tsunami.
Toyota, the world’s top-selling automaker last year, said Monday its domestic production in March was 129,491 vehicles. Toyota’s global production dropped 29.9 percent year-on-year to 542,465 vehicles for the month.
The magnitude-9.0 earthquake and ensuing tsunami on March 11 destroyed many factories in north-eastern Japan, causing severe parts shortages for Toyota and other automakers.
The supply crunch forced Toyota to suspend production in Japan, resulting in a production loss of 260,000 cars so far.