Stock Market News

Toyota begins production at Myanmar plant hit by coup

2022.10.12 00:59

[ad_1]


© Reuters. FILE PHOTO: The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Song

TOKYO (Reuters) – Japan’s Toyota Motor (NYSE:) Corp has begun production at a plant in Myanmar whose launch was delayed by a military coup, the company said on Wednesday.

In a statement, the automaker said production began in September, with one to two units a day. The assembly plant near Yangon was supposed to start operation in February 2021 but was delayed by the coup, it added.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button