Factory shutdowns are confirmed in Japan as Toyota plans to make significant cuts to its new car production for the remainder of August and for September, leading to roughly a 40 per cent decrease in the number of finished vehicles coming off the production line. “The company has blamed a ‘parts shortage’ resulting from the ongoing COVID-19 pandemic for the wide-ranging shutdowns,” said Auto Express, adding that “This is thought to be shorthand for the ongoing global microchip shortage.” (Source: Auto Express) Read the original article.
