The devastating consequences of the March 11 Japan earthquake and tsunami on the country’s auto industry continue to unfold. Today, Toyota Motor Corp. announced that it will reduce its North American production because of the lack of parts. The Japanese auto giant said that over the next few weeks, its American vehicle plants will operate on a reduced schedule, with production suspended on April 15, 18, 21*, 22, and 25. The same goes for most of the company’s North American engine and component plants that will follow a similar schedule. Read more »