Toyota to Cut 38,000 Units of Global Production by November Amid Middle East Crisis
Tokyo: Japanese automaker Toyota has announced it will reduce its global vehicle production by 38,000 units by November due to the ongoing crisis in West Asia. According to Kyodo News, the cuts will primarily affect trucks manufactured for the Middle Eastern market. The latest reduction follows earlier cuts of 20,000 units in March and 24,000…
Tokyo: Japanese automaker Toyota has announced it will reduce its global vehicle production by 38,000 units by November due to the ongoing crisis in West Asia. According to Kyodo News, the cuts will primarily affect trucks manufactured for the Middle Eastern market. The latest reduction follows earlier cuts of 20,000 units in March and 24,000 units in April.
The crisis stems from US and Israeli strikes on Iranian targets on February 28, 2026. A two-week ceasefire was declared on April 7, but talks held in Islamabad yielded no breakthrough. Since April 13, the US Navy has been blocking maritime traffic to and from Iranian ports through the Strait of Hormuz — a critical waterway responsible for nearly 20 percent of the world’s oil, petroleum products, and LPG supply — further straining global supply chains and industrial output.
