AIRLINK 172.95 Decreased By ▼ -2.78 (-1.58%)
BOP 13.24 Increased By ▲ 0.12 (0.91%)
CNERGY 7.43 Decreased By ▼ -0.11 (-1.46%)
FCCL 43.60 Decreased By ▼ -0.31 (-0.71%)
FFL 14.90 Decreased By ▼ -0.11 (-0.73%)
FLYNG 26.50 Decreased By ▼ -0.40 (-1.49%)
HUBC 129.75 Decreased By ▼ -0.48 (-0.37%)
HUMNL 13.35 Increased By ▲ 0.01 (0.07%)
KEL 4.44 Decreased By ▼ -0.06 (-1.33%)
KOSM 6.00 Decreased By ▼ -0.06 (-0.99%)
MLCF 55.60 Decreased By ▼ -0.43 (-0.77%)
OGDC 213.01 Decreased By ▼ -1.76 (-0.82%)
PACE 5.93 Decreased By ▼ -0.05 (-0.84%)
PAEL 41.14 Increased By ▲ 0.24 (0.59%)
PIAHCLA 16.40 Increased By ▲ 0.08 (0.49%)
PIBTL 9.60 Decreased By ▼ -0.15 (-1.54%)
POWER 11.58 Decreased By ▼ -0.18 (-1.53%)
PPL 179.20 Decreased By ▼ -2.28 (-1.26%)
PRL 33.75 Decreased By ▼ -0.47 (-1.37%)
PTC 22.82 Decreased By ▼ -0.24 (-1.04%)
SEARL 94.20 Decreased By ▼ -1.52 (-1.59%)
SILK 1.17 Increased By ▲ 0.03 (2.63%)
SSGC 35.20 Decreased By ▼ -0.25 (-0.71%)
SYM 15.70 Decreased By ▼ -0.05 (-0.32%)
TELE 7.81 Decreased By ▼ -0.06 (-0.76%)
TPLP 10.83 Decreased By ▼ -0.15 (-1.37%)
TRG 60.88 Increased By ▲ 0.38 (0.63%)
WAVESAPP 10.76 Decreased By ▼ -0.05 (-0.46%)
WTL 1.32 Decreased By ▼ -0.03 (-2.22%)
YOUW 3.80 Increased By ▲ 0.03 (0.8%)
BR100 12,043 Decreased By -10.6 (-0.09%)
BR30 36,421 Decreased By -45.6 (-0.13%)
KSE100 113,961 Decreased By -395.4 (-0.35%)
KSE30 35,140 Decreased By -206.8 (-0.58%)

Toyota Motor Corp said on Thursday it plans an additional domestic factory line production suspension in June and July due to semiconductor shortages and a COVID-19 outbreak at one of its suppliers.

Thursday’s announcement is the third time the world’s largest automaker by sales has adjusted its June production plans, which are down about 12% from its original plan.

It now said it would produce 750,000 vehicles worldwide for the month. It did not disclose how many vehicles it aims to produce for July.

It did not change its global production target of roughly 9.7 million vehicles for this year.

US automaker CEOs, Toyota urge Congress to lift EV tax credit cap

Toyota previously cited parts shortages caused by COVID-19 lockdowns in China and a shortage of semiconductors as reasons for its production changes.

This time, it cited staffing disruptions at a supplier due to an outbreak of COVID-19 and a production equipment defect at another supplier.

Comments

Comments are closed.