TAIPEI/BEIJING -- Toyota and other big automakers are bracing for supply chain disruptions as China prepares to curb industrial activity next year to ensure clear skies for the 2022 Winter Olympics.
Toyota, the world's biggest automaker, has told suppliers in China to have more than one month of inventory on hand and to move some production of components out of Beijing and surrounding provinces ahead of the Games, according to an internal memo seen by Nikkei Asia. Beijing Automotive Group, which has joint ventures with Daimler of Germany and other global automakers, also had discussions with suppliers over potential disruptions to parts procurement during the Winter Olympics, Nikkei has learned.
