Toyota to produce record 11 million cars in fiscal 2022 if chip supply stable - Nikkei


FILE PHOTO: Visitors crowd Toyota Motor Corp's booth at the 44th Tokyo Motor Show in Tokyo, Japan, November 2, 2015. REUTERS/Issei Kato

TOKYO (Reuters) -Toyota Motor Corp plans to produce a record 11 million cars in fiscal 2022, according to a person familiar with the matter.

Hitting that production target would depend on a stable supply of chips, the person said. The Nikkei newspaper earlier reported on the production plan. A Toyota spokesperson said the company was not the source of the production report.

(Reporting by Rocky Swift, Editing by Louise Heavens)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

   

Next In Tech News

Meet Imagen, Google’s new AI that turns text into images
Booking hotels online: Why you can never trust reviews 100%
Dyson shows off robotic arm that can find crisps at back of your sofa
Four years on, is the GDPR a pain or a forerunner in data protection?
Research: Google Chrome only blocking a quarter of phishing websites
Google Street View’s ‘time travel’ feature comes to smartphones
Meta eyes profits with new WhatsApp platform for businesses
Amazon investor proposal to review plastic use narrowly fails to clear
Transport Canada probing cause of Tesla fire in Vancouver
Binance registers with Italy's regulator amid plans to expand in Europe

Others Also Read