Automakers including Toyota cut vehicle production in Russian plants due to chip shortage

Toyota, Volkswagen and other automakers have stopped production at their Russian plants due to supply chain disruptions after the country invaded Ukraine.

Days after the Japanese automaker, Toyota Motor Corp, reduced its domestic production target by as much as 20 percent for the April-June quarter, on March 15 it announced to make additional production cuts in March due to a shortage of semiconductor chips.

Toyota said it would suspend production on one line at a factory for eight weekdays starting March 22 through the end of the month. That is in addition to the suspension of domestic production at two factories announced last month.

Production of about 14,000 Noah and Voxy minivans would be affected by the latest suspension, a Toyota spokesperson said. Last week, Toyota said it would lower production for three months starting April to ease the strain on suppliers, which were struggling with the shortages of chips and other parts.

Source – Zee news

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