Toyota is expecting to return to full-scale production next month following repeated production reductions since August due to semiconductor shortages caused by COVID-19.
The global car maker forecasts to reach 800,000 vehicles across all its manufacturing plants in Japan. Toyota Motor Corporation (TMC) said that this estimate is “made possible by the co-operation of all stakeholders, including suppliers.”
TMC further said this will include “recovery from the impact of previous production cutbacks and would be a December record.”
“This is extremely positive news, and we are optimistic about future production,” said Toyota Australia Vice President for Sales Marketing and Franchise Operations Sean Hanley.
“We are doing everything we can to get customers behind the wheel of their new Toyota vehicles as quickly as possible.” Mr. Hanley added.
The company’s global production forecast remains at around nine million vehicles for the fiscal year, ending 31 March 2022.
Back in October, Toyota has apologised to its customers who were facing lengthy wait times for vehicles. The car manufacturer was forced to slash its production to 570,000 cars last month.