Toyota announced today that a shortage of supplies would force it to suspend operations at some of its plants and cut production estimates to about 100,000 units in May and June.
The automaker blamed the decision on the COVID-19 epidemic and, in particular, the continued lockdown in Shanghai, China. Toyota is unable to produce as many cars as it had planned earlier this year due to the difficulties in the global supply line.
“At Tyota we apologize again for repeatedly adjusting our production plans,” the company said in a statement, “and for causing considerable inconvenience to our customers, suppliers and other stakeholders.”
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In May and June, the automaker will have to suspend production on 16 lines at 10 plants in Japan. The automaker operates 28 lines at 14 plants across the country. This will affect the production of numerous vehicles including GR Yaris, Corolla, Land Cruiser, RAV4 and others.
The company plans to cut its global production by about 100,000 units to about 850,000 vehicles worldwide in June. It expects to produce the same number of vehicles per month by August, it said.
Toyota has not changed its global production estimate of 9.7 million vehicles by March 2023, but says it will be difficult to predict its production capacity going forward.
“The shortage of semiconductors, the proliferation of COVID-19s and other factors are making it difficult to look forward, but we will continue to do our best to deliver the car to our customers as soon as possible,” the automaker said.