Toyota Motor Corp. (TM-N is warning it will probably shut down its North American assembly plants later this month amid a shortage of parts from Japan, as the economic aftershocks of the crisis gripping that country threaten to disrupt the North American recovery.
While it's unclear how long the closings could last, North America's economy can ill afford another hit to manufacturing at this point in the economic recovery.
http://www.theglobeandmail.com/globe-investor/toyota-preparing-for-north-american-shutdown/article1970121/?utm_medium=Feeds%3A%20RSS%2FAtom&utm_source=Report%20On%20Business&utm_content=1970121
While it's unclear how long the closings could last, North America's economy can ill afford another hit to manufacturing at this point in the economic recovery.
http://www.theglobeandmail.com/globe-investor/toyota-preparing-for-north-american-shutdown/article1970121/?utm_medium=Feeds%3A%20RSS%2FAtom&utm_source=Report%20On%20Business&utm_content=1970121
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