Toyota Motor Corp. will cut global production for September by 40% due to a global shortage of semiconductors.
According to Arab Net, the automaker was aiming to produce just under 900,000 cars, but reduced that to about 500,000, according to the report.
The resurgence of COVID-19 cases has disrupted auto parts supplies and production, exacerbating the months-long chip crisis caused by the coronavirus pandemic.< /p>
Earlier this month Toyota, the world's largest automaker by sales volume, said it was facing an unpredictable business environment due to new COVID-19 cases in Emerging countries, semiconductor shortage and rising raw material prices.
US automaker Ford Motor Co. said Wednesday it will temporarily close its Kansas City assembly plant that makes its best-selling F-150 pickup trucks, due to the coronavirus pandemic. Deficiency of a component associated with semiconductors caused by the spread of COVID-19 in Malaysia.
The second-largest US automaker said the week-long shutdown would begin on August 23.
