Toyota announced drastic production cuts in North America and China . Toyota Motor Corp. `` No layoffs are planned during this period , '' the statement said . The company had already announced that it dropped production in Japan . The cuts come amid delays in supplying parts after last month 's earthquake and tsunami in Japan .
Toyota announced drastic production cuts in North America and China . The company had already announced that it dropped production in Japan . The cuts come amid delays in supplying parts after last month 's earthquake and tsunami in Japan .