Following the downward adjustment of global production in September, Toyota will cut global production again in October
Text: Understand the car emperor original Weiwei
[ understand the car emperor original industry] Recently, according to European Automotive News It is reported that after reducing the global production in September, Toyota will again reduce global production by 330,000 in October. The reason is still due to the problems caused by the new crown epidemic and the shortage of global automotive chips. It is reported that the global production volume in October after this update has been reduced by about 40% compared to the original plan.
The situation of continued production cuts is expected to end in November
However, the good news is that the situation of continued production cuts is expected to end in November. "Although the outlook for November and beyond is still unclear, the current market demand is still very strong. Therefore, the production plan for November and beyond may be able to maintain the previous plan," Toyota also said in a statement: "We Will continue to evaluate the expected production in October, and more details of production adjustments will be announced in mid-September."
Toyota’s market demand remains strong
Although the production plan is affected, Toyota’s chief financial officer Kenta Kon said , Toyota will maintain the operating profit forecast for the current fiscal year unchanged. In the first fiscal quarter report ended June 30, Toyota Motor released a record quarterly operating profit and a record first fiscal quarter net income, revenue and global retail sales performance.
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