Toyota extends production curbs in Japan as COVID infections rise -Breaking
TOKYO, Reuters Toyota Motor (NYSE) Corp announced Monday that it will stop more Japanese production this month due to COVID-19 infection among its employees.
The disruption comes as a result of a shortage in semiconductors. It will reduce planned production by 65,000 vehicles this month, 18,000 less than what it announced last week.
A spokesperson said that the company would try to recover production lost in February.
Toyota said last week that it expected to miss its annual goal of building 9 million cars because it didn’t have enough chips. On March 31, the company will finish its business year.
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