Toyota has re-stated its intention to build 9.7 million vehicles in its current fiscal year, despite being forced to cut production by 150,000 units in October and November.

The OEM has revealed that supply chain issues will force it to cut its global production plan by 100,000 Toyota and Lexus models in October and by 50,000 in November.

Toyota this week apologised “for the repeated adjustments to our production plan due to the parts shortage resulting from the spread of COVID-19”.

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