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Toyota To Produce Record 11 Million Cars In Fiscal 2022 If Chip Supply Stable

Hitting that production target would depend on a stable supply of chips
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By car&bike Team

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1 mins read

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Published on May 1, 2022

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    Toyota Motor Corp plans to produce a record 11 million cars in fiscal 2022, according to a person familiar with the matter.

    Hitting that production target would depend on a stable supply of chips, the person said. The Nikkei newspaper earlier reported on the production plan. A Toyota spokesperson said the company was not the source of the production report.

    (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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