• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Industry & Manufacturing 202205

Toyota To Cut Global Production Plan By 100,000 In June

24-May-2022
/ Industry & Manufacturing, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

Toyota Motor Corp (7203.T) will cut its global production plan by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage, it said on Tuesday.

The company did not change its estimate of producing about 9.7 million vehicles worldwide by March 2023.

The automaker also announced additional domestic factory line suspension due to supply shortage triggered by COVID-19 lockdown in Shanghai. The additional suspension will be up to five days between Wednesday and June 3, affecting 16 lines at 10 factories for May and June in total.

It is planning to produce about 850,000 vehicles globally a month on average from June through August, it said, adding chips shortage and COVID-19 outbreaks and other factors "are making it difficult to look ahead."

Source: REUTERS

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Tesla Puts India Entry Plan On Hold After Deadlock On Tariffs

Next Post

Tropical Cable Readies To Celebrate 25 Years As A Leading Electrical Cable Manufacturer

 
 

More Stories

Tropical Cable Readies To Celebrate 25 Years As A Leading Electrical Cable Manufacturer
Toyota To Cut Global Production Plan By 100,000 In June
Tesla Puts India Entry Plan On Hold After Deadlock On Tariffs
Aston Martin Taps Former Ferrari Boss Felisa For CEO
Consuming Trash: Unravelling Ghana's Multi-Million Cedi Expired Products Business (Part 2)
Consuming Trash: Unravelling Ghana's Multi-Million Cedi Expired Products Business (Part 1)
QNET Hosts Virtual Convention 2022 With Enhanced Portfolio Of Products
Labour Minister Calls For Peaceful Industrial Relations
Coca-Cola Launches Campaign For Its New Variant Coca-Cola Zero Sugar
Next Post

Tropical Cable Readies To Celebrate 25 Years As A Leading Electrical Cable Manufacturer

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Industry & Manufacturing Stories

  • Tropical Cable Readies To Celebrate 25 Years As A Leading Electrical Cable Manufacturer

  • Toyota To Cut Global Production Plan By 100,000 In June

  • Tesla Puts India Entry Plan On Hold After Deadlock On Tariffs

  • Aston Martin Taps Former Ferrari Boss Felisa For CEO

  • Consuming Trash: Unravelling Ghana's Multi-Million Cedi Expired Products Business (Part 2)

  • Consuming Trash: Unravelling Ghana's Multi-Million Cedi Expired Products Business (Part 1)

  • QNET Hosts Virtual Convention 2022 With Enhanced Portfolio Of Products

  • Labour Minister Calls For Peaceful Industrial Relations

  • Coca-Cola Launches Campaign For Its New Variant Coca-Cola Zero Sugar

  • Toyota To Cut April Global Production 17% To 750,000 Units

 

 
 

Popular Videos

Kokrokoo Discussion Segment On Peace 104.3 FM (27/06/2022)

Ken Ofori Atta Lacks Financial Ideas, Sack Him- Nana Addo Charged

Sefa And Mr. Drew Perform Echoke At KNUST’s Turn Up Concert

Finance Minister Came To Parliament To Lie, All His Figures Were Wrong- NDC's Fuseini Donkor

Akan News @ Midday On Peace 104.3 FM (25/06/2022)

Entertainment Review On Peace 104.3 FM (25/06/2022)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media