ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

Japan automakers slash production plans by over 1 million units

Resurgent pandemic in Southeast Asia wreaks havoc on chip supplies

A Toyota plant in Japan's Aichi Prefecture. The automaker has announced a 3% cut in production for this fiscal year.

TOKYO -- Six of Japan's big automakers, including Toyota Motor, will cut production plans for the current fiscal year by more than 1 million vehicles, a decrease on the same level as the previous year that saw a major cutback due to the coronavirus pandemic.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more