NHK World quotes industry sources, that say the company will slash production to around 9,000 vehicles a day in February and March at plants across Japan:
The company already reduced production last month when it set a daily output for the 3 months until the end of March at 12,000 units. Toyota also planned a coordinated stoppage of operations at domestic plants for 11 days from February through March. But it may be forced to take a similar measure in April as well, as there is no sign of improvement in global car sales.
Ladies and gentlemen, this is how Toyota, the worlds most sucessful automobile company is dealing with the current crisis: make less cars. Make a lot less cars. NHK notes that industry sources say if Toyota continues to reduce domestic production, it may have to reduce its workforce again. Less is becoming the new lean.
Five Lean Principles: video by rasmusbm