Supply chain disruption as a result of the ongoing global semiconductor shortage continues as the imbalance between chip production and demand is forecast to maintain into 2022.
Toyota has been forced to make further cuts to its planned output for September because of the spread of Covid-19 in South-East Asia and the ongoing shortage in the supply of semiconductors. It will also now be cutting global production for October by 330,000 units.
As reported in August, the carmaker planned to cut production by 40% this month, equal to around 360,000 units.
It has now reviewed that figure and cut production by a further 70,000 units, with 30,000 accounted for in Japan across nine plants. For October, Toyota plans to cut global production by a further 330,000 units (180,000 overseas and 150,000 units in Japan).
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