Toyota to cut global output 15% in November due to chip shortage

NAGOYA, Japan – Toyota Motor will cut its global auto production in November by 15% from its latest output plan, or around 150,000 vehicles, due to a shortage of semiconductors and the power crunch in China, Nikkei has learned.

Toyota will maintain its global production plan for fiscal 2021 at 9 million vehicles despite the latest output cuts.

The automaker will cut domestic production by around 50,000 vehicles and overseas output by up to 100,000 cars from a forecast it made in late September.

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