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December 15, 2021 04:06 AM

Toyota says it will build record 800,000 vehicles in January

This figure represents an increase of 60,000 vehicles over the same month this year

Reuters
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    Toyota motomachi production web_0.jpg

    Production at Toyota's Motomachi plant in Japan is pictured.

    TOKYO -- Toyota said it plans to build 800,000 vehicles globally in January, a record for the month, as it ramps up production to make up for output lost to parts shortages.

    "We will continue to maintain our production forecast of the 9-million-unit level" for the year to March 31, the company said in a press release on Wednesday.

    The production plan for January represents an increase of 60,000 vehicles from a year earlier.

    Toyota has been affected by a shortage of parts supplied by COVID-19 hit factories in Malaysia and Vietnam.

    The company this week said those shortages are forcing it to halt some manufacturing in Japan in December, resulting in lost production of 14,000 cars for the month.

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