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2021-08-19

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Toyota to slash September production due to global chip shortage: report

The automaker had planned to make a little under 900,000 cars. that number has been cut to about 500

Toyota to slash September production due to global chip shortage: report

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That number has been cut to about 500,000, resulting in a temporary production shutdown as several domestic factories.\nProduction in North America, China and Europe will likely be scaled back by tens of thousands of units.\nIn addition to the chip crush, the resurgence in COVID-19 cases has disrupted parts supplies and production at car companies.\n\n\n\nTicker\nSecurity\nLast\nChange\nChange %\n\n\n\n\nTM\nTOYOTA MOTOR CORP.\n175.73\n-2.44\n-1.37%\n\n\n\n\nLast September, as the automaker started to recover from the initial effects of the coronavirus pandemic, Toyota produced 840,000 units.\nToyota had no immediate response to a request by Nikkei for comment.\nToyota, the world's largest automaker by sales volumes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Toyota to slash September production due to global chip shortage: report

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