Posted on 09/10/2021 9:44:05 AM PDT by dynachrome
Edited on 09/10/2021 10:13:55 AM PDT by Admin Moderator. [history]
Toyota Motor Corp (7203.T) cut its annual production target by 300,000 vehicles on Friday as rising COVID-19 infections slowed output at parts factories in Vietnam and Malaysia, compounding a global shortage of auto chips.
"It's a combination of the coronavirus and semiconductors, but at the moment it is the coronavirus that is having the overwhelming impact," Kazunari Kumakura, an executive at the world's biggest car maker, said after the company revised its production target.
Unlike other big global automakers that were forced earlier to scale back production plans, Toyota had managed to avoid cuts to output because it had stockpiled key components along a supply chain hardened against disruption following northeast Japan's devastating earthquake in 2011.
https://freerepublic.com/focus/f-news/3986637/posts
Just wait until Quid-Pro-Quo Joe lets Red China annex Taiwan.
The “ chip shortage “ will proliferate dramatically.
This is a big change from Toyota's (and Japanese) historic practice of just-in-time deliveries. Anticipate many industries are doing the same currently, which accounts for a chunk of inflation.
Just looked at the local Toyota dealer’s website, and this is a fairly big dealer, had just 4 cars in stock, all unpopular Avalon sedans.
I wish, oh how I wish, there were American cars with the reliability of Toyotas. They are boring, usually underpowered and not very exciting to look at, but dang they keep running, at least in my experience.
Over the last 45 years, *every* American and German car I’ve ever had was lucky to go 25K-50K without a major (over $200 to repair) issue, every Japanese car almost zero problems in 200-300K miles.
My old V6 Avalon has lots of pep and is very popular around here. It’s called the rocket ship when merging onto the interstate.
My 2013 f150 did 190k of hard towing before needing a non maintenance item
The water pump started leaking. 69 bucks and it’s good as new.
Just avoid Ecoboosts.
You’d have to spend a little money, but Acura is carving out a nice niche right now with reliable but punchy turbo four, and six cylinder motors.
Acura is Honda’s luxury brand. Lexus is Toyota’s...
Heres an idea, make cars with no chips and no f’ing engine lights! I seem to recall that rfom the early 1900’s to the mid 80’s they made cars like that using transistors and they ran just fine! Funny that the Japs have no chip manufacturing capabilities, and they computerize everything.
The green new deal kill the auto industry no petro
Yup, well aware thanks
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