The global chip shortage is impacting automakers significantly. This week, Toyota announced that it plans to cut its global production output by 15 percent in November. The reduced production is laid directly at the feet of the shortage of microprocessors needed to build modern vehicles. Despite chopping production in November, Toyota says it is still sticking to its planned production …
The global chip shortage is impacting automakers significantly. This week, Toyota announced that it plans to cut its global production output by 15 percent in November. The reduced production is laid directly at the feet of the shortage of microprocessors needed to build modern vehicles. Despite chopping production in November, Toyota says it is still sticking to its planned production …
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