Toyota is already limiting production

Toyota is forced to limit car production.

The Japanese car company Toyota is forced to limit car production. She is forced to take this step for two reasons. The first reason is the ongoing pandemic of the Covid-19 coronavirus, which has an impact on suppliers for this carmaker, which of course has an impact on the company’s production lines. The second reason is also the ongoing semiconductor crisis, as a result of which car companies are forced to limit production, as the lack of chips prevents them from stopping car production. Nevertheless, Toyota believes and expects production plans for November to be maintained.

Unfortunately, the semiconductor market is experiencing a turbulent period that has not been helped by a pandemic at all. Thanks to it, the production of chips was reduced, which was tense before the virus started. Currently, the two largest semiconductor producers have announced a slight increase in prices, with which we can expect this amount to be reflected in the final prices of products. Production has already been forced to reduce production by several companies, including Ford.

Chip manufacturers have announced large investments to increase production. The largest producer, TSMC, announced billions in investments to increase production, and a similar step was announced by Intel.

Source: Techxplore,

Source: Technológie by

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