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May 14th, 2010 08:17 PM #11
Pati yung news agency na kuryente...
CORRECTED - CORRECTED-(OFFICIAL)UPDATE 1-Toyota to suspend Thai plant operat
(Corrects references throughout to suspension from closure. Company corrects statement that it planned to close the factory. It plans to suspend operations at the plant. Also deletes reference to possible liquidation of factory)
Plant suspension due to fall in demand - spokeswoman
* Fortuner, Vigo production to move to other Thai plants
* No job cuts, workers to transfer to other factories (Updates throughout with details, background)
TOKYO, May 14 (Reuters) - Toyota Motor Corp (7203.T) said it would suspend one of its four vehicle plants in Thailand as the economic crisis hammered exports.
Toyota said on Friday it would suspend operations at its Thai Auto Works (TAW) factory, which builds the Fortuner and Vigo multi-purpose vehicles, at the end of this month, transferring production to two other Thai plants that also build the two models.
The Thai factory, in Samrong, on the outskirts of Bangkok, began operations in 1988 and has been producing about 60,000 vehicles a year, mainly for export to Europe and the Asia-Pacific region. Toyota does not disclose the factory's annual production capacity.
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Xiaomi E-Car