Toyota Motor Corporation's TM Czech manufacturing plant has reportedly suspended production due to a parts shortage caused by a fire at a local supplier.
The halt will impact the company's production plan, Reuters reported citing a statement from spokesperson Tomas Paroubek.
The outage is the second in 2023 at the plant, producing 1,000 cars a day after a break in February, Reuters added.
Also Read: Toyota Forms JV With Pony.ai To Build Robotaxis In China
The outage's duration remains unclear as of now, the report added.
Price Action: TM shares are trading higher by 1.56% to $165.33 on the last check Tuesday.
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