Automakers

Toyota sees vehicle output recovery in 2023, with some risks

Toyota Takaoka production
A worker is pictured on the production line at Toyota's Takaoka plant in Japan. (TOYOTA)
B
By:
Bloomberg
January 16, 2023 10:19 AM

Toyota expects vehicle production to exceed pre-pandemic levels, forecasting output of as many as 10.6 million vehicles during 2023 while warning that final shipments could be 10 percent lower if it is unable to procure enough parts, especially semiconductors.

Staying current is easy with newsletters delivered straight to your inbox.