Toyota misses April global production target due to COVID, parts shortage

30/5/2022 7:51:00 AM

Toyota misses April global production target due to COVID, parts shortage

Toyota misses April global production target due to COVID, parts shortage

TOKYO :Japan's Toyota Motor Corp on Monday said it missed its global production target for April as COVID-19 outbreaks and a parts shortage slowed its post-pandemic recovery.The world's largest automaker by sales produced 692,259 vehicles last month, a 9.1 per cent drop from the same month last year, and fall

LinkedIn TOKYO :Japan's Toyota Motor Corp on Monday said it missed its global production target for April as COVID-19 outbreaks and a parts shortage slowed its post-pandemic recovery.LinkedIn BANGKOK : Thailand's manufacturing production index (MPI) in April rose 0.Copy to clipboard https://str.curtailed movement even as case numbers decline.

The world's largest automaker by sales produced 692,259 vehicles last month, a 9.1 per cent drop from the same month last year, and falling short of an earlier plan of making about 750,000 vehicles worldwide.That compared with a forecast 1.The numbers raise questions over the severity of the pandemic-hit supply chains and how the disruption will affect production in the coming months.Mr Lim is among close to 30,000 people who have received help from the Courage Fund, which disbursed about $9.Toyota last week downgraded its global production plan for June to around 800,000 vehicles due to the impact of COVID-19 containment measures in China and signalled the possibility of lowering its full-year output plan of 9.44 per cent in March, revised from a 0.7 million vehicles.Videos on social media showed Friday night revellers including many foreigners drinking and dancing in the street in a central area of the city, interrupted by police telling them to go home.

The automaker on Monday also said global sales dropped 11.Source: Reuters.Mr Lim recounted his time cleaning the dormitory toilets in 2020, saying:"When I saw many workers infected, I was a little scared.1 per cent in April versus the same month a year earlier to 763,708 vehicles.Domestic sales, excluding sales of units Daihatsu and Hino Motors Ltd, tumbled almost 17 per cent to 103,143 vehicles.Source: Reuters.He was more afraid of passing the infection to his mother, who is in her 80s and lives with him in a three-room flat in Ang Mo Kio.

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Thai April factory output rises 0.56% y/y, below forecastBANGKOK : Thailand's manufacturing production index (MPI) in April rose 0.56 per cent from a year earlier, less than expected, the industry ministry said on Monday.That compared with a forecast 1.6 per cent rise in output in a Reuters poll and a yearly increase of 0.44 per cent in March, revised from a 0.

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