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Automobiles

Toyota ditches signature 'just-in-time' to fight chip crunch

Automakers asking suppliers to boost inventories

Toyota has asked some of its suppliers to increase their semiconductor inventory levels from the conventional three months to five.   © Kyodo

TOKYO -- Global automakers are increasingly shifting away from traditional practices where they only keep a limited stock of key components, with the COVID-19 pandemic and international tensions stoking shortages of technology such as chips.

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