Toyota (7203.T) stated Saturday that activities at its joint venture complex in Tianjin, eastern China, restarted after measures to combat the spread of COVID-19 forced it to close the plant, according to a Toyota spokesperson. …
Toyota (7203.T) stated Saturday that activities at its joint venture complex in Tianjin, eastern China, restarted after measures to combat the spread of COVID-19 forced it to close the plant, according to a Toyota spokesperson.
The site, which Toyota co-owns with Chinese automaker FAW Group, was locked down on January 10 for 11 days, according to a Reuters spokeswoman in Beijing. Due to the impact on suppliers of mandatory COVID-19 testing of city residents, the plant was shut down.
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