Toyota Edges Past 9.1 Million Vehicle Output Goal, Warns Chip Shortage Lingering

Toyota Edges Past 9.1 Million Vehicle Output Goal, Warns Chip Shortage Lingering
A Toyota logo during the New York International Auto Show in Manhattan, New York, on April 5, 2023. David 'Dee' Delgado/Reuters
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TOKYO—Japan’s Toyota Motor Corp. set a global annual output record in the business year ended in March, just edging past its target of 9.1 million vehicles as factory disruption from global chip supply woes and pandemic lockdowns eased.

But the world’s biggest automaker by sales warned it continued to see impacts from the long-running global chip shortage, saying it remained hard to predict its effect going forward.