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The rebound of the epidemic led to a global chip shortage: Toyota was forced to reduce production by 40%

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with friends and friends circle. COVID-19 global rebound has disrupted the supply and production of parts and components of auto manufacturers one disaster after another, and has been adding frost to chip snow for many months. Japan's Toyota, which has successfully got rid of the most serious shortage by virtue of its large chip inventory and supply chain management skills honed in the past natural disasters, was exposed on August 19 that it planned to reduce global production by 40% in September. The report directly became "the last straw to crush the camel", causing the Japanese stock market to fall below a seven-month low < p > Toyota previously said that due to the outbreak of a new wave of epidemic in emerging countries such as Southeast Asia, coupled with the shortage of semiconductors and soaring material prices, the company is facing an unpredictable business environment. However, the Japanese Economic News reported on the 19th that Toyota originally planned to produce slightly less than 900000 vehicles in September, but it has been reduced to about 500000 vehicles < p > the news of Toyota's production reduction expanded the concerns of all walks of life that the epidemic in Southeast Asia might disrupt the supply chain of Japanese manufacturers, became the "last straw to crush the camel", and plunged Japanese stocks already weighed down by concerns about economic recovery. Among them, the Nikkei index fell 1.1% to 27281.17 points, falling below a seven-month low and hitting a new low since early January < p > in addition, the East stock index also fell 1.39% to 1897.19, close to the July low, while Toyota, the largest stock by market value, fell 4.4% < p > Yasuo Sakuma, chief investment officer of Libra investment, explained, "the report of Toyota's production reduction is very unexpected to the market, because Toyota has always performed very well even if its competitors are impacted by the shortage of chips." < p > at present, Toyota did not immediately respond to the request for comment on the production reduction


2023-03-22 10:04:41

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