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Lack of core is still the biggest shackle of car companies? Toyota said it could not meet its annual production target

According to Interface News, Toyota motor said that the shortage of semiconductors caused by the new crown epidemic continues to drag down output, so it will not be able to achieve the target of producing 9 million vehicles by March 31. Global output in February will reach 700,000 vehicles, more than last year, but it has been revised down 200,000 from the initial target. A week ago, Toyota's New York Stock Exchange stock price just hit a record high. Toyota's information also revealed that although it has improved compared with the core shortage storm since last year, chip production capacity is still a major problem for car companies, especially for car companies with large demand. Among them, the epidemic situation in key production capacity export areas such as Southeast Asia has become the "seven inches" of the global automotive industry chain. According to automotive industry data forecasting company AutoForecast Solutions (AFS), as of January 16, the global automotive market has reduced production by about 149,200 units this year due to chip shortages, while the full-year production cuts are expected to reach 832,800 units. In addition to parts in Southeast Asia, vehicle production in Europe and other places will be the most seriously affected.

Lack of core is still the biggest shackle of car companies? Toyota said it could not meet its annual production target

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