Toyota not producing carsxo autoas planned due to covid - parts shortage
Toyota said it failed to meet its April target due to two factors and signaled its full-year production plan was to drop 9.7 million vehicles.
On May 30, 2022, Reuters reported that Japanese automaker Toyota Motor Corp. said it failed to meet global production targets last April. Due to the COVID-19 outbreak and parts shortages, which have slowed recovery after the company's outbreak.
This is the largest car manufacturer in the world. Last month, 692,259 vehicles were produced, down 9.1 percent from the same month last year. And lower than the original plan that was expected to produce approximately 750,000 vehicles worldwide.
The figure raises questions about the impact of the pandemic's supply chain. And how will the disruption affect production in the coming months?
last week Toyota had cut its global production plan in June to 800,000 vehicles due to COVID-19 containment measures in China, while also signaling the possibility of slashing full-year production plans to 9.7 million vehicles.
The automaker also stated that global sales fell 11.1% in April. Compared to the same month last year, 763,708 units were sold, while Japan sales, excluding Daihatsu and Hino Motors, dropped nearly 17% to 103,143 units.
Portal
