Toyota halts all 3 of its Thailand plants due to parts supply crunch

Toyota Motor Corp. has suspended operations at all three of its plants in Thailand through next Wednesday due to a shortage of parts, as the latest coronavirus outbreak has forced an auto parts plant in the country to shut down, company officials said.The three Toyota plants in Thailand, which are located in suburbs of Bangkok and have a combined output capacity of 760,000 units per year, serve as key production bases for the Japanese carmaker in Southeast Asia.Toyota has yet to decide whether operations at the three plants will resume on July 29. It will take into account the COVID-19 infe…READ FULL ARTICLE