Toyota cuts global vehicle production plan for November by 15%
The Toyota brand is seen on a Corolla mannequin on the 89th Geneva Worldwide Motor Present in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse/File Picture
TOKYO, Oct 15 (Reuters) – Toyota Motor Corp on Friday stated it is going to decrease deliberate international output in November by as a lot as 15% as a result of the COVID-19 pandemic has slowed manufacturing of auto chips.
Japan’s main carmaker in a press launch stated it will produce between 100,000 and 150,000 automobiles fewer than it had initially deliberate.
Toyota final month minimize its full-year manufacturing plan for the yr to March 31 to 9 million from 9.3 million due to decrease output in September and October. On Friday it stated it’s sticking to that concentrate on.
Reporting by Tim Kelly; Modifying by Christopher Cushing
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