AutomobilesToyota forges ahead with 8.25m vehicle goal despite chip crunch
Automaker projects minimal impact from production cutbacks
A Toyota Motor factory in Toyota, Aichi Prefecture. The automaker does not expect a significant blow to production from the global chip crunch.
MASAHISA YUZAWA and KO FUJIOKA, Nikkei staff writers
January 26, 2021 02:18 JST
NAGOYA, Japan -- Toyota Motor is on track to produce about 8.25 million vehicles worldwide for the year ending in March, largely sticking to its previous forecast even though a global semiconductor shortage has disrupted the auto industry in recent weeks, Nikkei learned Monday.