Through September, Toyota’s North American plants alone are relied upon to lose up to 170,000 vehicles-worth of output since the chip lack started.
The pandemic and related supplier disruptions imply that everything except one of the organization’s North American plants will be affected by production cuts in August. Just Toyota’s San Antonio plant will be saved, Automotive News reports, as the factory makes the highly anticipated next-generation Tundra pickup truck, as well as the more modest Tacoma.
“Due to COVID-19 and unexpected events with our supply chain, Toyota is experiencing additional shortages that will affect production at most of our North American plants,” Toyota Motor North America said in a statement. “While the situation remains fluid and complex, our manufacturing and supply chain teams have worked diligently to develop countermeasures to minimize the impact on production. … We do not anticipate any impact to employment at this time.”
The organization hopes to lose 60,000-90,000 vehicles-worth of production at its North American plants in August alone, while the organization anticipates that production should miss the mark by 80,000 vehicles in September.
The new isn’t greatly improved outside of North America, as the organization hopes to lose 360,000 vehicles worth of production all around the world in September. That adds up to about 40% of its production as plants in Japan, China, and Europe all affected by the COVID-19 pandemic somehow.
Carscoops has connected with Toyota for input and will update this story when we hear back.
The news is unwanted for Toyota’s sellers who have seen solid deals this year in spite of slow production. Albeit generally low stock levels are pushing vehicle costs increasingly elevated, sellers are presently battling to keep enough vehicles on their parts and it’s simply set to get more earnestly in the coming months.