Toyota Cutting Down on Vehicle Production Due to Semiconductor Shortages

Toyota Cutting Down on Vehicle Production Due to Semiconductor Shortages
The company logo highlights the grille of a Tacoma pickup truck on display in the Toyota exhibit at the Denver auto show at Elitch’s Gardens in downtown Denver. The Toyota Tacoma is just one of more than 30 vehicles to be under recall notices in Canada over the past week. David Zalubowski/AP Photo
Naveen Athrappully
Updated:

Toyota will manufacture 150,000 fewer cars in February, the company announced Tuesday, with the latest cut in numbers resulting in the automaker falling short of the total 9 million vehicles initially predicted for the year.

A worldwide shortage of semiconductor chips has led to a series of cuts in production volumes over past months that lowered the total number for the fiscal year ending March 31, 2022.

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