Toyota output shrinks for fourth month on shortages, China

Toyota Takaoka plant Harrier production 2020 — Toyota's domestic output fell 28 percent in July. Shown is production at the automaker's Takaoka plant in Japan.

B

By:

Bloomberg

August 30, 2022 07:35 AM

TOKYO -- Toyota's global output sank for the fourth straight month as a shortage of semiconductors and supply chain disruptions caused by COVID lockdowns in China hurt production.

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