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”.
Login to continue reading
Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.
AM Dealer Recommended 2025
In this issue we present the top perfomers in the 2025 AM Dealer Recommended research.
Significant motor retail industry suppliers have been endorsed by UK automotive retail leaders in our research programme.
We surveyed dealers from our audience to find out who they trust most and rely on for products and services in a variety of critical aspects of their motor retail operations.
Almost 30 companies received sufficient support from AM's dealer audience to become Dealer Recommended this year.
Find out who they are and learn from them how they can problem solve in your business.
Read now
Login to comment
Comments
No comments have been made yet.