Tag: Japan: Toyota cuts output auto plan again as semi-conductor shortage lingers
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Japan: Toyota cuts output auto plan again as semi-conductor shortage lingers
The ongoing shortage of parts supplies including automotive semi-conductors has prompted Toyota Motor, Japan’s largest automaker, to quietly revise its domestic production plan for this month even lower, providing more unwelcome news for the country’s integrated and special steel producers. Mysteel Global learned that Toyota had informed its component suppliers that it plans to produce…