Toyota says it will build record 800,000 vehicles in January

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TOKYO: Toyota Motor Co mentioned on Wednesday it deliberate to build 800,000 vehicles globally in January, a record for the month, as it ramps up manufacturing to make up for output misplaced to components shortages.

“We will proceed to keep up our manufacturing forecast of the 9 million unit stage” for the yr to March 31, the corporate mentioned in a press launch.

The manufacturing plan for January represents a rise of 60,000 vehicles from a yr earlier.

The world’s largest automaker by quantity has been affected by a scarcity of components provided by COVID-19 hit factories in Malaysia and Vietnam.

The firm this week mentioned these shortages are forcing it to halt some manufacturing in Japan in December, ensuing in misplaced manufacturing of 14,000 automobiles for the month. – Reuters



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