Toyota plans to reduce monthly production plan.
Auto Business News-October 18, 2021--Toyota plans to reduce monthly production plan
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Auto Business News - 18 October 2021
Toyota Motor Corporation (NYSE: TM), a Japan-based automaker, is planning to reduce its monthly production plan.
The company is taking this step because of parts shortages.
The firm had been planning to manufacture one million vehicles globally in November, but stated that the number now has to be reduced by between 100,000 and 150,000 units due to parts shortages. It reported global...
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