Toyota Suspending Production at 2 Japan Plants

Toyota Suspending Production at 2 Japan Plants
·2 min read

Toyota (NYSE: TM) announced in a tersely worded press release Tuesday that it is halting productions at three production lines, located in two of its factories in Japan. Reporting on the matter, Reuters said more specifically that the culprit was the global shortage of computer chips. In its press release, Toyota stressed that these are "only vehicles which affect delivery to customers."