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		<title>Toyota halts production due to chip shortage</title>
		<link>https://bitfinance.news/en/toyota-halts-production-due-to-chip-shortage/</link>
		
		<dc:creator><![CDATA[María Belén]]></dc:creator>
		<pubDate>Thu, 17 Mar 2022 18:00:13 +0000</pubDate>
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		<category><![CDATA[Legal & legislative]]></category>
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		<category><![CDATA[Toyota]]></category>
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		<guid isPermaLink="false">https://bitfinance.news/?p=77546</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="571" src="https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips-.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The vehicle manufacturer Toyota announced a new stoppage of its production between March 22 and 31 due to the shortage of chips in the market" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips-.jpg 1100w, https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips--300x156.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips--1024x532.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips--768x399.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p>The Japanese car manufacturing company Toyota announced that from March 22 to 31 it will halt production of one of its domestic lines as a result of a shortage of chips, which could be a new blow to its manufacturing. The decision was published through a statement in which the company indicates that one of [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/toyota-halts-production-due-to-chip-shortage/">Toyota halts production due to chip shortage</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="571" src="https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips-.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The vehicle manufacturer Toyota announced a new stoppage of its production between March 22 and 31 due to the shortage of chips in the market" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips-.jpg 1100w, https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips--300x156.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips--1024x532.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/03/Toyota-paraliza-su-produccion-por-escasez-de-chips--768x399.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p style="text-align: justify;">The Japanese car manufacturing company <strong>Toyota </strong>announced that from March 22 to 31 it will <strong>halt production</strong> of one of its domestic lines as a result of a <strong>shortage of chips,</strong> which could be a new blow to its manufacturing.</p>
<p style="text-align: justify;">The decision was published through a statement in which the company indicates that one of the &#8220;<strong>two production lines </strong>of its <strong>Fujimatsu plant</strong>, in the center of the archipelago, will remain stopped&#8221;. They stressed that the recent and repeated production adjustments are consequence of the “shortage of component” derived from the <strong>Covid-19 pandemic</strong>”.</p>
<p style="text-align: justify;">The Japanese car manufacturer made the announcement just one day after the production stoppage was known, until further notice, at the facilities located in the Chinese city of Changchun, where a new epidemic outbreak was discovered last Friday that forced the authorities to order the confinement of the 9 million people who inhabit the city.</p>
<h2 style="text-align: justify;">Toyota to reduce production from April</h2>
<p style="text-align: justify;">The production of the Japanese manufacturer has been quite affected by the constant epidemiological outbreaks in Asian countries that have impacted the &#8220;component <strong>supply chain, especially semiconductors.&#8221;</strong></p>
<p style="text-align: justify;">Another factor that impacted the company&#8217;s production was the <strong>cyberattack</strong> to one of its suppliers that affected the <strong>platform for ordering and delivering</strong> components that forced the company to close all its national plants on March 1st. Since January the company has intermittently suspended production on several of its 28 production lines at <strong>14 plants</strong> located in Japan and abroad.</p>
<p style="text-align: justify;">The company informed its suppliers of the decision to cut planned national <strong>production by</strong> <strong>20%,</strong> starting in April, in order to support suppliers that are experiencing difficulties. However, the company plans to produce 11 million vehicles until March 2023.</p>
<p style="text-align: justify;">M. Rodríguez</p>
<p style="text-align: justify;">Source: <a href="https://800noticias.com/toyota-parara-produccion-en-japon-por-escasez-de-chips" target="_blank" rel="noopener">800noticias.com</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/toyota-halts-production-due-to-chip-shortage/">Toyota halts production due to chip shortage</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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