Toyota will manufacture 150,000 fewer cars in February, the company announced Tuesday, with the latest cut in numbers resulting in the automaker falling short of the total 9 million vehicles initially predicted for the year. A worldwide shortage of semiconductor chips has led to a series of cuts in production volumes over past months that lowered the total number for the fiscal year ending March 31, 2022. “Our global production plan in February 2022 is expected to be around 700,000 units. Current demand is very strong, therefore we were aiming for a high February production plan,” said Toyota in a news release. “However, due to the impact of the continuing demand for semiconductors across all industries, we have adjusted our production plan by around 150,000 units globally.” Demand remains high for new and used vehicles in the United States. With fewer cars being manufactured, the price for a new vehicle …