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Toyota targets record output globally in January

ABSTRACT

Toyota Motor, Japan's largest auto maker, plans to produce 800,000 passenger vehicles globally next month which, if realized, will make for the highest January output in its 84-year history, the company announced on December 15. The Central Japan-based auto giant is scrambling to make up production lost at all its plants worldwide since August from the shortage of components after COVID-19 outbreaks disrupted supply chains, it said.
The planned January production is 8.1% higher compared with actual output in January this year, Mysteel Global notes. However, despite the targeted increase next month, the company has not altered its global output forecast of 9 million units for its current business year ending March 31, 2022.   A Tokyo-based auto sheet

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