Toyota Lowers October Output Target

By The Thornical Press Staff

October 3, 2022

Toyota announced Friday that it has lowered their October production target by 6.3% to about 750,000 vehicles due to a semiconductor shortage.  However, Toyota, the world’s largest automaker, vowed to uphold their yearly production target of 9.7 million vehicles.  Toyota also confirmed that global output increased by 44.3% year on year in August.