CAIRO: Toyota Motor Corp’s global output sank by 26 percent in October compared to the same month last year, due to a shortage of parts and semiconductors.
The Japanese automaker said on Monday that it produced 627,452 vehicles in October, down from 845,107 units a year earlier, Bloomberg reported.
Meanwhile, Toyota’s global sales fell 20.1 percent to 677,564 units.
Toyota and other carmakers have been forced to curb production in response to the global chip droughts and other parts shortages.
These have been caused by factory shutdowns in Southeast Asia triggered by surging coronavirus cases.
