Toyota to further cut overseas production on Hormuz disruption
Key takeaways
- Toyota to further cut overseas production on Hormuz disruption Toyota intends to raise domestic production in Japan.
- The Japanese carmaker has informed key suppliers of the revised production outlook, the report said.
- Military strikes on Iran by the US and Israel have disrupted tanker traffic through the strait, pushing fuel prices higher and dampening vehicle demand across several regions, including China and the Middle East.
Toyota to further cut overseas production on Hormuz disruption Toyota intends to raise domestic production in Japan. Credit: otomobil / Shutterstock.com · Just Auto · otomobil / Shutterstock.com Global Data Wed, June 24, 2026 at 6:21 PM GMT+7 2 min read TM Toyota plans to reduce overseas vehicle production by around 100,000 units through February 2027, citing weakened demand tied to disruption at the Strait of Hormuz, reported Nikkei Asia.
The Japanese carmaker has informed key suppliers of the revised production outlook, the report said.
Military strikes on Iran by the US and Israel have disrupted tanker traffic through the strait, pushing fuel prices higher and dampening vehicle demand across several regions, including China and the Middle East.