TOKYO—Toyota Motor Corp. on Wednesday cut its July global production plan by 50,000 vehicles as semiconductor shortages and COVID-19 parts supply disruptions continued to curb output.
The world’s largest car maker by volume expects to make 800,000 vehicles next month, it said in a statement.
“As it remains difficult to look ahead due to the shortage of semiconductors and the spread of COVID-19, there is a possibility that the production plan may be lower,” the Japanese company said.
Toyota and other car makers continue to struggle with supply-chain disruptions and component shortages caused by the COVID-19 pandemic including those resulting from recent lockdowns in China….