Toyota Group in Japan to Cut Global Production by 38,000 Vehicles; Russia's Unwrought Aluminum Exports to China Hit Record in March
According to Kyodo News, Japanese automaker Toyota will cut global production by 38,000 vehicles due to the Middle East crisis.
By November, Toyota will reduce global output by 38,000 vehicles, primarily involving trucks produced in Asia for the Middle Eastern market.
Previously reported, under the backdrop of the Middle East crisis, Toyota reduced production of 24,000 vehicles originally destined for the Middle East market in April. In March, Toyota had also cut production by 20,000 vehicles intended for the Middle East market. These production cuts involve vehicles manufactured within Japan.
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According to analysis of Chinese customs data by TASS, Russia’s exports of unwrought aluminum to China reached a record high of $692.3 million in March this year.
According to data from China Customs, both year-on-year and month-on-month export values saw increases exceeding one-quarter.
Russia remains China’s largest supplier of unwrought aluminum, with Malaysia ($75.3 million) and India ($52.4 million) ranking among the top three, though their export values are significantly lower than Russia’s.
Source: sputniknews
Original article: toutiao.com/article/1863028699395143/
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