Toyota to keep production in Japan as automotive industry expands
With the tsunami disaster last year, there have been worries about the future of the Toyota Motor Corp. and the Japanese automotive industry in general. However Akio Toyoda, president of the Toyota Motor Corp. has announced that the company are planning on keeping production in Japan, which will mean that jobs stay in the country as well. This will be a big help in the recovery from the disaster, as the jobs that Toyota creates will not be taken away. According to Toyoda, if jobs and production, as well as suppliers and the whole technological innovation of the Toyota brand, are kept in Japan, the country will be better equipped to rebuild itself.
There is already evidence of the industry’s ability to recover from the tsunami. Automakers in Japan have doubled production in a year, to over 980,000 vehicles. Increasing amounts of people are buying cars from the country, from those who like to look at them in their yard out of their window while they play on partycasino.com, to those who drive for a living. As well as Toyota, other Japanese automakers such as Nissan Motor Co. and Honda Motor Co. have been making vast improvements since last year and hopefully all of this success can continue into the future.
The growth that has already occurred can be attributed to the expanding markets in places like China, India and Brazil. As the auto industry employs over 5 million people in Japan alone, it is a very good sign for workers that the industry is managing to recover. There are no doubt many challenges ahead for Toyota and the Japanese car industry in general, however so far it has shown its ability to move on from set-backs and this is a good sign which bodes well for its continuing success.