Toyota cuts forecasts after Thai floods
Toyota Motor Corporation has cut its annual sales forecasts, blaming the disruptions due to the Thai floods.
The Japanese motor giant said it expects to sell 7.38 million vehicles globally in the year to 31 March, down from 7.6 million. The group said it expects factories in Thailand to return to normal levels of production some time this month following the flooding there.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies