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Toyota wait times expected to fall as it aims for record production in 2023

Toyota is targeting a new production record of 10.6 million vehicles this year as it aims to cut waiting times for its most popular models.

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Toyota cuts output target due to chip shortage

Toyota has announced a worse-than-expected 25 percent decline in quarterly profits and cuts to its annual output target

Kazunari kumakuraQuarterly profitsNnual output targetMaterial costsSemiconductor shortageProfit declineOrld 39s leading automaker

Toyota profit down 25% with chip shortage and rising costs - FY2023 production forecast down 500k units

Toyota profit down 25% with chip shortage and rising costs - FY2023 production forecast down 500k units
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Kazunari kumakura

Toyota Is Planning Price Hikes, Still Deciding How High to Go

Following surging input costs and reported regional quarterly operating losses, the company is warning of impending price increases.

United statesJun nagataKazunari kumakuraAutomotive newsNorth americanNews europe

Toyota cuts output target amid chip crunch as profit tumbles 25%

The world's biggest automaker by sales also warned that it remained difficult to predict the future after posting its fourth consecutive quarterly profit decline, underlining the strength of business headwinds it faces.

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