(Updates with comment from analyst in the fourth paragraph).
April 22 (Bloomberg) - Toyota Motor Corp., expects production to return to normal in December at the latest, as largest constructor of the world struggles with chain of supply disruptions caused by the earthquake record of the Japan and the tsunami.The automaker will begin to raise production at regular levels of July at the Japan and August in overseas factories, the company said today. Exit for all models will be normal in November or December, he said.Toyota, Honda Motor Co., and Nissan Motor Co. are working to restore full factories to the Japan and foreign factories running parts. Toyota believes it loses production of 260,000 vehicles in the Japan from March 14 to April 8 and 35,000 units of the North American auto production this month following closures related quake. "Given that Toyota is capable of normalizing the end of the year, Nissan, Honda, and other decision makers should be able to fully reopen by then,"said Takeshi Miyao, analyst consultant Carnorama." "Analysts estimated production would recover at the end of the year and forecasts of profits should be back for the third quarter."Akio Toyoda, President of Toyota, said in Tokyo today about 150 parts are still in shortage critical. "For all clients who took the decision to purchase a vehicle made by us, I apologize sincerely for the huge delay in the delivery,"Said Toyoda."The output of the car manufacturer Toyota City, Japan-based took over the Japan to all plants on 18 April to half its capacity.North American unit of the company of the North AmericaThe said earlier this week that the plants in the region will continue to be closed Mondays and Fridays and run to 50 percent on Tuesdays, Wednesdays and Thursdays through June 3. Toyota will also be closing U.S. factories for a week starting May 30 and the Canada of May 23 in China, the utilization rate factories would generally be 50 percent of normal levels and may fall as little as 30 per cent from April 21 to June 3the company said.Japan is also facing possible outages after natural disasters reduced the ability of the nation of 8% electricity. Builders are considering options for electricity saving as plants close and offices two days per week and moving work weekend to retain the power, according to the Manufacturers Association.Toyota Automobile of the Japan won 3.1 per cent to 3,295 Yen at 3 p.m. near Tokyoaprès Renesas Electronics Corp. trading., chip manufacturer has 30% of the market world of microcontrollers used in cars, said it will restart a damaged plant in advance. "Renesas has a significant impact on automobile manufacturers, Miyao said. "Their announcement indicate Toyota they can normalize the end."-With the help of the Horie Masatsugu in Osaka and Anna Mukai in Tokyo. Editors: Terje Langeland, Ian Rowley
To contact the reporter on this story: Makiko Kitamura in Tokyo at the mkitamura1@bloomberg.net
To contact the editor responsible for this story: Kae Inoue at the kinoue@bloomberg.net
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