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Stock impact report

Toyota's South African unit sees 15-20% hit to production due to virus [Reuters]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Reuters
Toyota's South African unit sees 15-20% hit to production due to virus JOHANNESBURG (Reuters) - The South African unit of Toyota ( 7203.T ) could see its production drop by around 15-20% in 2020, its president and CEO Andrew Kirby said on Wednesday. The division had already lost production of around 13,500 units due to a nationwide lockdown in South Africa, set to last five weeks, Kirby told a virtual media briefing. Its annual production volume normally stands at around 135,000-150,000 units. Show less Read more
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