Toyota to halt production at 5 factories in January due to supply chain issues By Reuters

TOKYO (Reuters) – Toyota Motor (NYSE 🙂 Corp announced Monday that it will halt production at five national factories in January due to supply chain issues, chip shortages and the COVID-19 pandemic.

Japan’s largest automaker said the plant shutdown would affect around 20,000 vehicles, but would not impact its annual goal of making nine million vehicles.

Last week, Toyota announced that it is forecasting a larger reduction in North American vehicle production in January to 50,000 units due to supply chain issues.

Warning: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. The prices may therefore not be exact and differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will not accept any responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.