Passenger Vehicle

Toyota Missed April Production Target Due To Parts Shortage

Toyota Missed April Production Target Due To Parts Shortage

Japan’s largest automobile company Toyota said on Monday that it missed the global production target for April due to the COVID-19 outbreak and parts shortage that slowed its post-pandemic recovery. Toyota is the world’s largest vehicle producer by sales, produced 692,259 vehicles last month, a 9.1% drop from the same month of last year and…