Toyota seeks ¥1 tril credit line as virus hits funding market – Japan Today

Toyota seeks ¥1 tril credit line as virus hits funding market – Japan Today

The coronavirus outbreak has forced Toyota to suspend plant operations in the United States and Europe. It has also seen a sharp fall in sales in China, where the outbreak started.

The world’s second-largest automaker group by sales will also temporarily halt seven production lines at five of its domestic plants from April 3.

via Toyota seeks ¥1 tril credit line as virus hits funding market – Japan Today