Chip crunch forces Toyota to cut Sept production by 40%: report - NewsBreak

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By Alvarez in Business
Updated 3 years ago

Toyota will cut auto production by 40 percent in September as the global chip shortage hits its supply chain, Japan's Nikkei daily said Thursday. Following the Nikkei report on Thursday, Toyota shares plunged 4.42 percent to 9,295 yen. kaf/sah/jfx

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