DHTMY - Production halted at two Daihatsu plants due to supplier fire

Two Daihatsu Motor Co. (DHTMY) plants that produce vehicles for Toyota (TM) have suspended production until November 28 after a fire broke out at a supplier factory and some necessary parts became unavailable.The halt will impact manufacturing of the Toyota Raize SUV. Output at the plants had been ramped up recently following a backlog of orders that arrived following the end of the pandemic lockdown period.The two plants in question produced about 520K cars last year for Daihatsu and Toyota.Toyota is just a few weeks off from issuing strong guidance.

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Production halted at two Daihatsu plants due to supplier fire