Japan's Toyota to cut production by between 5%-20% from previous plan - Fox Business


3/10/2022 12:00:00 AM3 years 1 month ago
by Reuters

Toyota Motor Corp has told suppliers it will cut domestic production by up to 20% as it faces strains from ongoing chip shortages.

TOKYO, March 11 - Toyota Motor Corp has told suppliers it will cut domestic production by up to 20% from a previous plan for the three months from April, it said on Friday, to ease the strain on supp… [+1746 chars]

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