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Toyota to produce record 11 mn cars in fiscal 2022 if chip supply stable: Report

Toyota to produce record 11 mn cars in fiscal 2022 if chip supply stable: Report

Hitting that production target would depend on a stable supply of chips, the person said.

 A Toyota spokesperson said the company was not the source of the production report. A Toyota spokesperson said the company was not the source of the production report.

Toyota Motor Corp plans to produce a record 11 million cars in fiscal 2022, according to a person familiar with the matter.

Hitting that production target would depend on a stable supply of chips, the person said. The Nikkei newspaper earlier reported on the production plan. A Toyota spokesperson said the company was not the source of the production report.

Published on: Jan 25, 2022, 3:21 PM IST
Posted by: Aparna Banerjea, Jan 25, 2022, 3:17 PM IST