Toyota to Cut Quarterly Production to Ease Strain on Beleaguered Suppliers

Toyota to Cut Quarterly Production to Ease Strain on Beleaguered Suppliers
The Toyota logo is pictured at the 38th Bangkok International Motor Show in Bangkok, Thailand, on March 28, 2017. Athit Perawongmetha/Reuters
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TOKYO—Toyota Motor Corp. will scale back domestic production by up to 20 percent during the months of April, May, and June, it said on Friday, to ease the strain on suppliers struggling with shortages of chips and other parts.

The move by Japan’s largest automaker is the latest to spotlight the supply-chain difficulties hobbling the global auto industry as the COVID-19 pandemic drags on. The outlook has been further complicated by the crisis in Ukraine.