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Toyota to reduce production rate by 40 per cent

201 Views· 20 Aug 2021
Socrates67X
Socrates67X
5 subscribers
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Japanese car manufacturer Toyota is reducing production for September by 40 per cent due to a worldwide shortage of microchips.

The original target was almost 900,000 cars next month but this is down to 540,000 with the COVID-19 pandemic increasing ongoing demand for microchips for appliances, including phones, televisions, and game consoles.

There are 14 Toyota factories in Japan and several overseas plants which are expected to close.

Ford, Nissan, and Volkswagen have also scaled back production levels.

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