Automakers

Toyota slashes April production, takes 'intentional pause' from rampant growth

Toyota motomachi production web_0.jpg
Toyota will cut its global production plan by 150,000 vehicles to 750,000 next month. Output at its Motomachi plant in Japan is pictured.
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March 17, 2022 09:23 AM

TOKYO -- Toyota Motor Corp. will take the foot off the gas in its race to recoup lost production, slowing the pace of recovery from April to June to achieve a more “reasonable” pace of output as the ongoing semiconductor shortage and COVID-19 pandemic continue to crimp the industry.

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