factory shut down News

What Caused Closure of Toyota’s 14 Assembly Plants in Japan?

Toyota Motor was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for vehicle parts broke down on Tuesday, forcing the closure of 14 assembly plants. The disruption shut down a system that is …

Sony Sees Wider Net Loss Due to Thai Floods

Battered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, Sony Corp. on Thursday reported a net loss of 159 billion yen ($2.1 billion) for the October-December quarter and projected it would lose even more …