ICYMI - Toyota will slash vehicle production in May due to supply chain disruption

  • The massive Japanese auto manufacturer will cut production globally

Japan's Nikkei with the info:

  • Toyota intends to reduce global output to around 700,000 vehicles for next month, down circa 10% on original plans
  • compared with the 670,000 vehicles Toyota manufactured last May
  • Overseas production will be lowered by 100,000 vehicles to a total of around 500,000
  • domestic production is set to drop slightly to 200,000 vehicles
  • Further adjustments could be on the table depending on Toyota's ability to procure components.
Toyota

Top Brokers

Sponsored

General Risk Warning