Toyota Motor's car production falls by over 16%

In August 2021, the car production of the Japanese carmaker Toyota Motor fell by 16.2% compared to the same month last year to 531,448, Report informs via foreign media.

The decrease, the first over the past year, was caused by a lack of spare parts and semiconductor chip supply.

In August 2021, Toyota Motor's domestic production amounted to 185,726 (8.4% less than a year earlier), while foreign production amounted to 345,722 (19.9% less).

Besides, the company has lowered its global production target for March 2022 from the previously announced 9.3 million to 9 million.