Toyota to produce record 11 million cars in fiscal 2022 if chip supply stable
Toyota Motor Corp plans to produce a record 11 million cars in fiscal 2022, according to a person familiar with the matter.
A Toyota spokesperson said the company was not the source of the production report. Pic: Reuters
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.
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