An interesting article about Malaysia.
Although COVID-19 restrictions have eased globally, the effect of the lockdown and the parts shortage is still felt today. Toyota has just announced that it will have to cut its production plan by 100,000 units in October 2022.
The Japanese carmaker previously announced that its production plan for September through November would be approximately 900,000 units per month. With the new announcement, 800,000 units will be produced in October and an average of 850,000 units per month is expected from October to December 2022. Toyota says its forecast for the fiscal year remains unchanged at approximately 9.7 million units.
Toyota’s new plan is based on careful confirmation of parts supply and the personnel structures and facility capacities of its suppliers. Toyota’s plants in Japan will suspend production on certain dates announced on its official website. Plants affected include the Motomachi plant, Takaoka plant, Tsutsumi plant, Tahara plant, Miyata Plant, the Hino Hamura plant, and Toyota Industries Corporation.
Affected Toyota models include the GR Yaris, RAV4, Harrier, Corolla Sport, Camry, Crown, Land Cruiser Prado, 4 Runner, and the FJ Cruiser. Affected Lexus models include the CT, ES, GX, IS, LS, NX, NX450h+, RC, RC F, RX, UX, and UX300e.
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As for Malaysia, most Toyota models on sale are either locally assembled (CKD) or fully imported (CBU) from Thailand. Among the Malaysian market models affected by the suspended production are the GR Yaris and the Harrier. As for Lexus cars in Malaysia, all of them are fully imported (CBU) from Japan and hence most will be affected by Toyota’s latest announcement.
Toyota says that it remains difficult to look ahead due to semiconductor shortages, the spread of COVID-19, and other factors. The company will continue to make every effort to deliver as many vehicles as possible to its customers at the earliest date while closely examining the situation.
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This article was first provided here.
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