NAGOYA, Japan -- Toyota Motor will cut its global auto production in November by 15% from its latest output plan, or around 150,000 vehicles, due to a shortage of semiconductors and the power crunch in China, Nikkei has learned.
The move comes after the Japanese automaker cut its production by 40% from its initial plan from September to October as the resurgence of COVID-19 infections in Southeast Asia disrupted the supply chain for auto parts.