Japanese carmaker sees production recovery happening soon.
12 Nov 2021 | 3474 Views | By Autocar Professional Bureau
Toyota Motor Corporation says it is expects to achieve normal production as soon as December 2021.
In a statement issued today, the company said: “At Toyota, we have made repeated adjustments to our production plans since August due to a shortage of parts resulting from the spread of COVID-19, ...
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Toyota Motor Corporation says it is expects to achieve normal production as soon as December 2021.
In a statement issued today, the company said: “At Toyota, we have made repeated adjustments to our production plans since August due to a shortage of parts resulting from the spread of COVID-19, causing various inconveniences to all parties concerned. We would like to express our gratitude to all parties concerned for their immense support in helping us maintain production.”
“The global production plan in December is expected to reach the 800,000 units level including the recovery from the impact of the previous production cutbacks. In addition, as a result of the cooperation of our suppliers, all 14 plants and 28 production lines in Japan will be operating normally for the first time in seven months since May. In addition, we will continue to maintain our production forecast of 9 million units for the fiscal year.”
Global production volumes were approximately 760,000 units in December 2020, which means December 2021 output will be a 5.26% year-on-year increase.