{"id":1652439,"date":"2022-09-22T06:05:09","date_gmt":"2022-09-22T10:05:09","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1652439"},"modified":"2022-09-22T06:05:42","modified_gmt":"2022-09-22T10:05:42","slug":"toyotas-october-vehicle-output-to-be-weighed-down-by-chip-shortage","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/toyotas-october-vehicle-output-to-be-weighed-down-by-chip-shortage\/","title":{"rendered":"Toyota\u2019s October vehicle output to be weighed down by chip shortage"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftoyotas-october-vehicle-output-to-be-weighed-down-by-chip-shortage%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1652439&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>TOKYO (Reuters) -Toyota Motor Corp said on Thursday it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor shortages. <\/p>\n<p>The reduction could be seen as a worrisome sign that the chip shortage will continue to stymie production at the world\u2019s largest automaker by sales in the second half of the financial year to end March. <\/p>\n<p>That is seen as a crucial period for the group to bounce back from a production shortfall caused by a shortage in the key vehicle component and wider supply chain disruptions.    <\/p>\n<p>Still, Toyota has not adjusted its global vehicle production target for the current financial year, sticking to its forecast for a record 9.7 million units.<\/p>\n<p>The Japanese automaker said last month it aimed to produce about 900,000 vehicles per month on average from September through November. <\/p>\n<p>It now expects to produce about 850,000 vehicles per month on average from October to December, it said on Thursday. <\/p>\n<p>According to its October production plan, Toyota will suspend production for up to 12 days for 10 lines at seven domestic factories.<\/p>\n<p>Toyota produced 627,452 vehicles worldwide last October when the COVID-19 pandemic disrupted supply parts in Southeast Asia.<\/p>\n<p>Japanese automakers have previously suggested the chip shortage is easing, but it is unclear when it will be resolved. <\/p>\n<p>Despite expectations that the chip supply crunch will ease from the second quarter of the financial year onwards, a rise in electrified vehicles and cars equipped with advanced driver-assistance systems will require more semiconductors per vehicle, Morgan Stanley MUFG Securities Co said in a report on Wednesday.  <\/p>\n<p>Toyota\u2019s rival Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants in early October due to ongoing supply chain and logistical issues, including the chip shortage.<\/p>\n<p> (Reporting by Satoshi Sugiyama; Editing by Mark Potter, Jason Neely and Jan Harvey)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/toyotas-october-vehicle-output\/file-photo-file-photo-toyota-logo-is-seen-at-a-2\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8L0BC-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8L0BC-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO (Reuters) -Toyota Motor Corp said on Thursday it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1652439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1652439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1652439"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1652439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1652439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1652439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1652439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}