NAGOYA -- Toyota Motor on Friday lowered its global production forecast for June by about 50,000 vehicles, to around 800,000, as parts shortages caused by the coronavirus lockdown in Shanghai continue to disrupt the Japanese automaker's plans.
The cut reflects a five-day halt of 16 domestic production lines starting June 6. This comes on top of manufacturing halts announced Tuesday that are set to last up to five working days and will run into early June in some cases. Output next month may fall below last June's tally of about 830,000.
