A Toyota Mirai fuel cell vehicle awaits final inspection at a Toyota Motor Corp. factory in Toyota in Aichi Prefecture, Japan, April 11, 2019. Picture taken on April 11, 2019. REUTERS/Joe White
TOKYO, Dec 20 (Reuters) – Toyota Motor Corp (7203.T) said on Monday it would suspend production at five domestic factories in January due to supply chain issues, chip shortages and the COVID-19 pandemic.
Japan’s top automaker said that the stoppage at the factories will affect about 20,000 vehicles, but won’t impact their annual target to manufacture nine million vehicles.
Last week, Toyota said it was projecting a bigger reduction in vehicle production in North America in January to 50,000 units due to supply chain issues.
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Reporting by Sakura Murakami; Editing by Jacqueline Wong
Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.