Shanghai Lockdown Causes Toyota to Halt Production at 8 Plants

Toyota Motor Corp. will suspend the operation of 14 production lines across eight factories in Japan for nearly one week later this month as part of the Japanese automaker’s effort to cope with a microchip shortage caused by a month-plus Chinese coronavirus lockdown of Shanghai, China, Kyodo News reported Wednesday.

Workers assemble fourth generation Toyota Prius cars on the production line at the company

Texas Factory Production Crashed in August

Texas manufacturing activity unexpectedly slowed significantly in August, data from the Federal Reserve Bank of Dallas showed Monday. The production index of the Dallas Fed’s Texas Manufacturing Outlook Survey plummeted to 20.8 in August from 31.0 in July. The index

NASHVILLE, TENNESSEE - OCTOBER 22: Democratic presidential nominee Joe Biden checks his wa