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.
Supply Chain
Toyota cuts June production target further by 50,000 vehicles
More halts announced for Japan plants as Shanghai lockdown drags on
An assembly line at Toyota Motor's Iwate plant in northern Japan, which will be hit by the latest round of production halts. (Photo by Konosuke Urata)
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