Under delta, supply chain strains, Toyota slashes production
TOKYO (AP) — Toyota is scaling its production back 40%, affecting 14 auto assembly plants in Japan, as the surging coronavirus pandemic in Southeast Asia crimps parts supplies.
Japan’s top automaker says production will halt completely next month at some plants and partly at others, affecting a wide range of models, including the Corolla subcompact, Prius hybrid and Land Cruiser sport utility vehicle.
Global production for September will decline by 360,000 vehicles, according to Toyota Motor Corp. But it stuck to its annual forecast to produce 9.3 million vehicles, as coronavirus risks were figured in.