AutomobilesStrait of Hormuz shutdown keeps fuel costs highToyota will reduce production of the Avalon sedan for the Chinese market. (Photo by Shizuka Tanabe)Nikkei staff writersJune 24, 2026 01:07 JSTTOKYO/NAGOYA, Japan -- Toyota Motor plans to cut production outside Japan by 100,000 vehicles or so by around February 2027, Nikkei learned Tuesday, on weaker demand as the de facto closing of the Strait of Hormuz drags on.