Analysis
December 16, 2021
Toyota to Cut 40-50k Vehicles from January Production
Written by David Schollaert
Despite steady improvements across supply chains, the North American auto industry hasn’t seen the last of the semiconductor and related parts shortages. Although most automakers are steadily improving and, in some cases, back to regular production, some downtime continues to be reported.
Toyota alone is slashing another 40,000 to 50,000 vehicles from its January production schedule because of the ongoing supply-chain challenges, a company spokesperson confirmed to Steel Market Update.

