Toyota cuts December output forecast by 100,000 units

Friday, 25 November 2022 10:45:53 (GMT+3)   |   Istanbul

Japanese automaker Toyota has announced that it has made adjustments to its production plans due to the semiconductor shortage which resulted from the spread of the coronavirus.

Toyota’s global production for December this year is expected to be around 750,000 units, with a decrease of approximately 100,000 units in the monthly production plan.

The company’s estimated global production for the full period of the fiscal year 2023 remains unchanged at 9.2 million units.

Toyota’s production line No. 2 at the Takaoka Plant, production line No. 1 at the Tahara Plant, and production lines No. 1 and No. 2 at the Miyata Plant are all scheduled for suspension in December.

DamlaTükenmez
Damla Tükenmez
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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