MOSCOW, June 23 (Bernama) — Japan’s top automaker Toyota has cut its global production plan for July by 6 per cent, manufacturing 800,000 cars instead of intended 850,000 vehicles, reported Sputnik.
“The global production volume for July is expected to be approximately 800,000 units (approx. 250,000 units in Japan and 550,000 units overseas). We have revised the global production plan by about 50,000 units from the number provided to our suppliers at the beginning of the year,” the company said in a statement on Wednesday.
Due to semiconductor shortages and the spread of the COVID-19, there is a possibility that the production plan could be even lower, the company added.
In May, Toyota had already reduced its production plan by 10 per cent, manufacturing 700,000 cars instead of intended 800,000 vehicles due to supply chain disruptions caused by COVID-19 and the events in Ukraine.
–BERNAMA
