Toyota is trying to ramp up production in the last months of the business year due to a previously reduced production due to a shortage of components from plants in Southeast Asia, affected by the COVID-19 lockdown restrictions.
see photosToyota Motor Corp. to build 700,000 vehicles globally in February, a 10% increase this year
Nikkei Business Daily said Toyota Motor Corp. would manufacture 700,000 vehicles globally in February, up 10% over the year, but still needed to make a million more to reach the annual production target of 90 million in March. Will be
A Toyota spokesperson declined to comment when asked about the Nikkei report or whether the Japanese automaker plans to stick to that production target for the year ending March 31.
The world’s largest carmaker is trying to ramp up production in the last months of the business year due to a shortage of components from plants in Southeast Asia, hit by the COVID-19 lockdown restrictions.
Toyota and other carmakers have been forced to curtail production, even as demand in key markets such as China has improved.
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