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Toyota cuts production in September by 40% due to the effects of the worldwide semiconductor shortage.


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  • FROSTYBALLS changed the title to Toyota cuts production in September by 40% due to the effects of the worldwide semiconductor shortage.

3 hours ago, FROSTYBALLS said:

Hi all.....could this be a massive dodgy news item to promote a clear out of 2nd hand vehicles ?

I was under the impression that Toyota had stockpiled semiconductor's & were weathering the crisis. 

Used Toyota hybrids are immensely popular reflected in attractive resale values.

They are currently flying out of the showrooms. 

Just a cynical thought........Barry Wright Lancashire. 

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It is having numerous consequences for the industry, none of them good. A client of mine in the motor industry is having to take an emergency bank loan and lay off staff to weather this. Bear in mind that motor traders tend to carry as little stock as they can, so any short term gain in used car values is likely to be massively offset by the lack of supply of new vehicles to sell.

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