Toyota Announces Production Plans in February 2022, as of January 18

ENGLISH
|
JAPANESE
|
CONNECT WITH US:

Jan 18, 2022 17:06 JST

Source: Toyota Motor Corporation

Toyota Announces Production Plans in February 2022, as of January 18

Toyota City, Japan, Jan 18, 2022 - (JCN Newswire) - At Toyota, we have made repeated adjustments to our production plans due to a parts shortage resulting from the spread of COVID-19, causing various inconveniences to our customers and all parties concerned. We would like to express our gratitude to everyone involved for their immense support in helping us maintain production.

Our global production plan in February 2022 is expected to be around 700,000 units. Current demand is very strong, therefore we were aiming for a high February production plan. However, due to the impact of the continuing demand for semiconductors across all industries, we have adjusted our production plan by around 150,000 units globally.

As a result of the revision, the full-year production forecast for the fiscal year ending March 31, 2022 is expected to be lower than the previous forecast of 9 million units.

With regards to the shortage of semiconductor-related parts, we will continue to examine the situation and consult with all companies involved in considering the use of substitutes where possible in anticipation of a continuing shortage.

We will also continue to work with our suppliers in strengthening the supply chain and make every effort to deliver vehicles to our customers as soon as possible.

The following is the schedule for the suspension of domestic operations in February due to the plan revisions. We would like to offer our sincerest apologies to our customers and suppliers for the various inconveniences these adjustments may cause.

Source: Toyota Motor Corporation
Sectors: Automotive

Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Latest Release

Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries Achieves Highest-Ever Order Intake, Revenue, Net Income, and Free Cash Flow in FY2024, Increases Dividends, and Releases FY2025 Guidance
May 09, 2025 18:57 JST

Valuufy Selected by Global Tech Leader for Environmental Impact Assessment
May 09, 2025 18:00 JST

mazda

Mazda Adopts North American Charging Standard for BEVs launched in Japan
May 09, 2025 16:03 JST

Mitsubishi Motors

Mitsubishi Motors to Launch an All-New BEV Based on Nissan's Next-Generation LEAF in North America in the Second Half of 2026
May 08, 2025 11:25 JST

Mitsubishi Motors

Mitsubishi Motors and Foxtron Sign MOU for OEM Supply of EV
May 08, 2025 11:08 JST

Everest Medicines Limited

Everest Medicines Announces NMPA Full Approval of NEFECON, Broadening Treatment Access for IgA Nephropathy Patients in China
May 07, 2025 19:06 JST

Anime Tokyo Station

Anime Tokyo Station: Mobile Suit Gundam GQuuuuuuX -Beginning- Special Exhibition
May 03, 2025 03:00 JST

Toyota Motor Corporation

TOYOTA GAZOO Racing Set for Spa spectacle
May 02, 2025 19:29 JST

FWD Group Holdings Limited

FWD Group reports exceptionally strong first quarter new business update
May 02, 2025 17:00 JST

Toyota Motor Corporation

Toyota Mobility Foundation, Bangkok Metropolitan Administration, UN-Habitat, Asian Institute of Technology and Toyota Motor Thailand Sign a Letter of Intent (LOI) to Launch the TRUST Project for Road Safety in Thailand
May 01, 2025 17:48 JST

Katalon

Katalon Officially Launches TrueTest(TM) - The First AI-Native Testing System That Thinks Like a Tester and Learns from Users
Apr 30, 2025 17:20 JST

Eisai

Eisai Representative Corporate Officer and CEO Haruo Naito Awarded the Order of the Rising Sun, Gold and Silver Star
Apr 30, 2025 14:17 JST

Mitsubishi Heavy Industries, Ltd.

Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of Large Car Ferry KEYAKI in Shimonoseki
Apr 29, 2025 17:24 JST

NEC Corporation

NEC DGDF Headquarters relocates to Zurich to accelerate growth and enhance management globally
Apr 28, 2025 16:03 JST

NEC achieves Japan's longest terrestrial wireless optical communication over 10 km
Apr 25, 2025 17:50 JST

Olympus

Olympus Appoints New CEO
Apr 25, 2025 15:30 JST

Denso

DENSO Announces Year-End Financial Results
Apr 25, 2025 12:17 JST

Denso

DENSO and DELPHY Sign Memorandum of Understanding to Develop Data-Driven Smart Horticulture
Apr 24, 2025 18:43 JST

JCB

MyJCB App Wins "iF DESIGN AWARD 2025"
Apr 24, 2025 17:00 JST

Fujitsu launches new company 1FINITY to strengthen network products business

Apr 24, 2025 16:24 JST

More Latest Release >>