Further cutbacks to Toyota’s global output but recovery is in sight
By Jason Dunn2021-10-19T08:22:00
Toyota is having to make further reductions to planned global production in November because of the shortage in the supply of semiconductors and other Covid restrictions
Toyota is once again scaling back production next month amid ongoing pandemic and microchip shortage problems.
The Japanese automaker had initially planned to produce approximately 1m units in November. However, since part shortages are ongoing and previous production shortfalls can’t be substituted, the company has adjusted the target down to between 850,000 and 900,000 for the month, down between 10-15% on its original target. Around 50,000 units in Japan will be lost (across five plants), and between 50,000 and 100,000 units will be impacted overseas, compared to the original production plan.