Is Toyota having a chip shortage?
Toyota makes further cuts to output because of Covid and chip shortage. Toyota has been forced to make further cuts to its planned output for September because of the spread of Covid-19 in South-East Asia and the ongoing shortage in the supply of semiconductors.
How did Toyota avoid the chip shortage?
If a chip shortage lasts more than three months, its not really a chip shortage. Its poor supply-chain management. Eventually, those stopgap measures evolved into a comprehensive management system that Toyota dubbed Rescue—the Reinforce Supply Chain Under Emergency system.
Why is there a shortage of chip in Toyota?
Toyota said the main reasons for the production cuts were the prolonged spread of Covid-19 in South-East Asia and the impact of tighter semiconductor supplies.