TOKYO — Toyota Motor Corp. will open the taps on production in Japan to expedite shipments to the U.S., where local factories are still slowly ramping up and inventories are evaporating.
Toyota's return to production in Japan occurred quickly, after dialing back plans in the face of diminished sales as a result of the COVID-19 pandemic.
Toyota now plans to ramp up Japan production to 90 percent of pre-pandemic levels, and it is prioritizing models that it exports to the U.S.
Toyota's Japan production was down 40 percent in June, as the company responded to plunging demand. But for July, volumes will be down only 10 percent.
Giving new priority to U.S. retailers mostly will affect production that had been earmarked for Japan, mainland Asia and Middle East markets, Toyota said.
The plan unfolds as U.S. shoppers emerge from weeks of lockdown and business closings, hungry for vehicles and pressuring deplete…