Toyota's Annual Production Surpasses Nine Million, But Crisis Drags On, Warns Automaker
- The Japanese company produced 9.13 million units; it expected to produce 9.7 million. The pandemic showed us the fragility of our system, from health care to car manufacturing. The disruption in this sector caused by the shutdown at the beginning of the health crisis led to what is known as the supply chain crisis.
As a result, manufacturers have seen their production and sales figures drop significantly. We feel things are picking up, but it is slow. Toyota, one of the biggest players on the planet, has been affected and has often shared information about its production targets and the reality, which has not always been in line with its expectations.
Toyota - Logo Photo: Auto123 This is progress, but it is still below the original target of 9.7 million for the year just ended. The good news is that the 9.13 million units produced represent an annual production record. It will be interesting to watch the company's results over the next twelve months. Analyzing the numbers at this time next year will tell us whether the crisis is still with us or behind us.
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