Toyota Motor Corporation announced a reduction in the production of its Lexus brand cars. According to the company, demands for the SUVs and sedans have fallen in China due to the impact of the COVID-19. For two weeks between Mar. 16 to 31, production at two factories in Fukuoka and Aichi will be reduced by 1,600 units or about 6% of the regular output. Source: Nikkei
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