Japan's August production and sales of Toyota's new vehicles, including those of its subsidiaries Daihatsu and Hino Motors, fell on a monthly basis amid the severe shortage of semiconductor chips and raw materials, which have disrupted supply chains this year.
Toyota's Japan August production of new vehicles fell by 39.3% and 11.4% on a monthly and yearly basis respectively, to 244,342 vehicles. Toyota's worldwide production of cars in August marked a comparatively smaller decline; by 29.5% to 632,489 vehicles.Toyota had earlier anticipated that automotive production would shrink in August and September due to the ongoing supply chain disruptions and shortages in raw materials that continue to...