The global shortage of automotive chips is still there, with no signs of abating. As a result, the crisis is leading many automakers to have problems with vehicle production and Toyota is not immune to disruptions. The Japanese manufacturer is now releasing an official statement to announce that it needs to adjust its production estimates for this year.
Toyota says the spread of Covid-19 continues to cause “considerable inconvenience” to customers and disruption to the production line. The chip shortage is forcing the automaker to adjust its production plans for November, when the company will produce around 800,000 vehicles, of which 250,000 will be built in Japan and around 550,000 at factories in North America, Europe and other countries. other regions.
Those numbers might still sound impressive – imagine the size of the imaginary parking lot that could accommodate all 800,000 vehicles – but Toyota says that’s down from its original forecast. The reduced production capacity for November will result in a lower annual production forecast of 9.7 million units. It is important to note, however, that these forecasts are for fiscal year 2023 (FY2023).
“It remains difficult to predict the future due to the impact of semiconductor parts and other factors. However, we will continue to closely review parts supply and work with related parties to consider all possible measures in order to ensure that we can deliver as many vehicles as possible to our customers as soon as possible,” Toyota said in the statement released to media representatives. We have also contacted the automaker for further details and will update update this story when (and if) we receive a response.
Toyota is also releasing a list of production suspensions in November at its Japanese factories. There will be production breaks in 8 factories and 11 production lines out of a total of 28 lines in 14 factories. The Toyota Auto Body Fujimatsu plant will see the most days without production activities, but it is the plant where the automaker only builds the JDM Noah and Voxy models.
The global shortage of automotive chips is still there, with no signs of abating. As a result, the crisis is leading many automakers to have problems with vehicle production and Toyota is not immune to disruptions. The Japanese manufacturer is now releasing an official statement to announce that it needs to adjust its production estimates for this year.
Toyota says the spread of Covid-19 continues to cause “considerable inconvenience” to customers and disruption to the production line. The chip shortage is forcing the automaker to adjust its production plans for November, when the company will produce around 800,000 vehicles, of which 250,000 will be built in Japan and around 550,000 at factories in North America, Europe and other countries. other regions.
Those numbers might still sound impressive – imagine the size of the imaginary parking lot that could accommodate all 800,000 vehicles – but Toyota says that’s down from its original forecast. The reduced production capacity for November will result in a lower annual production forecast of 9.7 million units. It is important to note, however, that these forecasts are for fiscal year 2023 (FY2023).
“It remains difficult to predict the future due to the impact of semiconductor parts and other factors. However, we will continue to closely review parts supply and work with related parties to consider all possible measures in order to ensure that we can deliver as many vehicles as possible to our customers as soon as possible,” Toyota said in the statement released to media representatives. We have also contacted the automaker for further details and will update update this story when (and if) we receive a response.
Toyota is also releasing a list of production suspensions in November at its Japanese factories. There will be production breaks in 8 factories and 11 production lines out of a total of 28 lines in 14 factories. The Toyota Auto Body Fujimatsu plant will see the most days without production activities, but it is the plant where the automaker only builds the JDM Noah and Voxy models.