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Toyota misses April global production target due to COVID, parts shortage
Reuters ^ | 5-30-22 | Reuters

Posted on 05/31/2022 2:17:45 PM PDT by dynachrome

Japan's Toyota Motor Corp (7203.T) 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% drop from the same month last year, and falling short of an earlier plan of making about 750,000 vehicles worldwide.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Computers/Internet; Health/Medicine; Travel
KEYWORDS: computerchips; covid1984; japan; sales; supplychain; toyota
Chip shortage plus people not buying new vehicles?
1 posted on 05/31/2022 2:17:45 PM PDT by dynachrome
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To: dynachrome

It wasn’t due to Covid.


2 posted on 05/31/2022 2:21:09 PM PDT by Entropy Squared (The Rush to Chaos)
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To: Entropy Squared

Of course not. It was globull warming./s


3 posted on 05/31/2022 2:22:10 PM PDT by dynachrome (“We cannot save Ukraine by dooming the US economy.” Rand Paul)
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To: dynachrome
All Toyota Tacomas now built in Mexico (no thanks), they screwed up the new Tundra, and their vehicles are just butt ugly.

Quality is still great but has been dropping.

4 posted on 05/31/2022 2:34:40 PM PDT by caltaxed (ake)
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To: caltaxed

“All Toyota Tacomas now built in Mexico”

ALL?? You sure about that?

The Tacoma is assembled at Toyota Motor Manufacturing, Texas (TMMTX), in San Antonio, Tex. and Toyota Motor Manufacturing, Baja California (TMMBC), in Baja California, Mexico

https://www.hometowntoyota.com/2022-vs-2021-toyota-tacoma.htm#:~:text=Toyota%20Tacoma%20trucks%20are%20manufactured,Baja%20California%20and%20Guanajuato%2C%20Mexico.


5 posted on 05/31/2022 2:51:38 PM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: dynachrome

“Chip shortage plus people not buying new vehicles?”

A friend of mine works for Longo Toyota which claims to be the world’s largest car dealership. They can’t get enough new vehicles to satisfy the demand. It’s been that way for months. And if you have a good used car to sell you can get more than you paid for it.


6 posted on 05/31/2022 3:00:13 PM PDT by Pelham (World War III is entering on cat's feet.)
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To: dynachrome

Chip issue. My local Toyota dealership can’t get new ones on the lot.


7 posted on 05/31/2022 3:00:27 PM PDT by ealgeone
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To: V_TWIN

Tacomas were all moved to Mexico this year. Previously some Tacos were built in Texas but they pushed that production out to Mexico in ‘22 to make room for the huge Tundra numbers.


8 posted on 05/31/2022 3:01:32 PM PDT by caltaxed (ake)
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To: Pelham

My sales guy told me if I didn’t like my new 4R to bring it back and I’d make money on it.


9 posted on 05/31/2022 3:01:33 PM PDT by ealgeone
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To: dynachrome

The 99% survivable COVID crapped all over the world or was it the Globalists


10 posted on 05/31/2022 3:28:05 PM PDT by butlerweave
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To: dynachrome

100% Chip Shortage - most dealers have orders for customers booked for the rest of 2002.

Many dealers have stopped taking orders and putting customers on the waiting list.

This won’t be cleared up until 2024.


11 posted on 05/31/2022 3:56:05 PM PDT by EC Washington
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To: dynachrome

Maybe they should drop out of NASCAR, since the cars they race are nothing like what they sell. You can’t get a V8 in any of the cars they sell.


12 posted on 05/31/2022 4:07:03 PM PDT by CarmichaelPatriot (Recovering Kalifornian... Loving Alabama!)
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To: ealgeone

I know someone who sold a pickup last month; it was in great shape, maybe 5 yrs old with 60k mileage. He got a few thousand above what he paid for it new. Another friend sold his year old Tesla 3 for more than he paid for it. In SoCal the demand for cars exceeds the supply.


13 posted on 05/31/2022 4:17:02 PM PDT by Pelham (World War III is entering on cat's feet.)
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To: dynachrome

Anecdotal, but driving through Clermont Florida yesterday, I noticed every car dealership had a full lot except for the Toyota dealer.


14 posted on 05/31/2022 6:15:04 PM PDT by NonValueAdded (Proud subject of the Great MAGA King)
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To: caltaxed

I always wondered why the best, most reliable auto manufacturer makes the most but ugly cars...

I always figured there is a reason for it.


15 posted on 06/01/2022 11:06:36 AM PDT by mowowie
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To: mowowie

Also the most beautiful cars (Italian) can barely get out of the driveway without breaking down.


16 posted on 06/01/2022 11:38:19 AM PDT by caltaxed (ake)
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To: dynachrome

https://www.youtube.com/watch?v=BEP_dPN3Haw


17 posted on 09/22/2022 5:18:20 PM PDT by caltaxed (ake)
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To: dynachrome

Toyota might be the only major automaker still making new ICE vehicles. Their leadership is still skeptical of the current EV technology while all the other automakers have drank the kool-aid.


18 posted on 09/22/2022 5:19:40 PM PDT by MinorityRepublican
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To: mowowie
https://www.youtube.com/watch?v=BEP_dPN3Haw
19 posted on 09/22/2022 5:25:13 PM PDT by caltaxed (ake)
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