nothing has yet been decided about production plans beyond november a toyota spokesperson saidtokyo toyota motor corp in december wants to restart production curtailed by component shortages with a rebound in shipments from pandemichit suppliers that may help it claw back around a third of output lost to supply disruptions three sources familiar with the carmakers plans said toyota last month cut its production target for the financial year to endmarch by 300000 vehicles to 9 million units because rising covid19 infections slowed work at parts factories in malaysia and vietnam compounding a global chip shortage that has forced it and other big automakers to curtail output advt the japanese carmaker has asked suppliers to make up for lost production so it can build an additional 97000 vehicles between december and the end of march with some considering additional weekend shifts to do so said the sources who asked not to be identified because they are not authorised to talk to the media nothing has yet been decided about production plans beyond november a toyota spokesperson said covid infection rates in southeast asia are dropping dramatically and peoples concerns about production risk are easing said takashi miyao a researcher at automotive industry consultant carnorama it looks like the industry is emerging from a tunnel he added toyota which had hardened its supply chain against disruptions after the 2011 earthquake that devastated japans northeast coast was the last of the major automakers to revise down production plans because of parts shortages the pandemic forced component factories to close while also driving up demand for semiconductors that carmakers needed as people forced to stay home bought tablets and other electronic devices with too few parts automakers have been unable to take advantage of a rebound in demand for cars in key markets such as china vehicle sales there in september dipped by a fifth from a year earlier also readtoyota outsells gm in us for first nine months of 2021toyota during the first nine months sold 186 million vehicles compared with gms 178 million or just over 80000 more vehicles data released on friday showedsee more details reuters published on oct 12 2021 at 1241 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app toyota motor corp auto supplies vehicle sales car maker supply chain disruptions homenewstoyota aims to make up some lost production as supplies rebound