Search result for SEMICONDUCTOR SHORTAGE
TOYOTA MOTOR TO HOLD OFF PRODUCTION LINES OVER CHIP SHORTAGE
Highlights –
- Toyota Motor to hold off production lines over chip shortage.
- The company plans to halt two of its plants for around 8 days in June.
- The suspension of production will affect around 20,000 vehicles.
- Toyota expec...
CHIP SHORTAGE LEADS HYUNDAI & KIA TO SUSPEND FEW ASSEMBLY LINES
Highlights –
- Chip shortage leads Hyundai & KIA to suspend few assembly lines.
- Hyundai Motor said that it will halt the No. 5 Ulsan plant that produces Tuscon and Nexo.
- KIA will suspend the No. 2 Sohari plant that makes Stonic.
GLOBAL OUTPUT OF JAPANESE AUTOMAKERS FELL BY 4.5 PERCENT IN JANUARY
Highlights –
- Global output of Japanese automakers fell by 4.5 percent in January.
- Toyota Motor Corp. and Nissan Motor Co. saw their production rise in the month.
- Toyota’s global sales in January were up 4.6 percent.
- N...
TOYOTA MOTOR EXPECTS ITS GLOBAL OUTPUT TO INCREASE BY 9.2 MILLION IN 2021
Highlights –
- Toyota Motor expects its global output to increase by 9.2 million in 2021.
- The target is said to be higher than the current record of 9.05 million units in 2019.
- In 2020 Toyota's global output fell by half from a year...