Toyota to cut production by 40 per cent amid chip shortage, report

clock • 3 min read
Toyota to cut production by 40 per cent amid chip shortage, report
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Toyota to cut production by 40 per cent amid chip shortage, report

The company will produce only 500,000 units in September - 360,000 fewer than previously planned

Toyota, the world's largest automaker by sales volumes, will slash its global production for September by 40 per cent from its previous plan due to the worldwide shortage of semiconductors. Acco...

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