All Entries Tagged With: "flooding"
Toyota’s Profit Plunges with Supply Shortages
Toyota recently announced a 32% plummet in third-quarter profit margin thanks largely to the March earthquake and September flooding in Thailand which has caused a significant parts shortage and corresponding production issues.
![Toyota's Profit Plunges with Supply Shortages Toyota's Profit Plunges with Supply Shortages](https://tundraheadquarters.com/wp-content/uploads/2011/11/thailand_floods_2011.jpg)
It has been slow going in Thailand thanks to historic flooding that has affected Toyota's production.