
Toyota scales back Japan production over chips, parts crunch
ABC News
Japan’s top automaker Toyota will scale back domestic production over the next three months because of a supply crunch in chips and other parts that have slammed the global auto industry
TOKYO -- Japan’s top automaker Toyota will scale back domestic production over the next three months because of a supply crunch in chips and other parts that have slammed the global auto industry.
Toyota Motor Corp. will cut back vehicle production in Japan by about 20% in April, by 10% in May, and 5% in June, compared to what was planned, spokeswoman Shiori Hashimoto said Friday.
Under a “recovery plan,” Toyota had raised production targets starting in April to catch up on lost production caused by parts shortages related to the COVID-19 pandemic, she said.
“So production will still be at a high level,” said Hashimoto. “We will continue to do our best to deliver vehicles to our customers as soon as possible.”