News > Toyota to produce record 11 million cars in fiscal 2022 if chip supply stable

Toyota to produce record 11 million cars in fiscal 2022 if chip supply stable

Fortuneindia | 26/01/2022 08:48 AM | Click to read full article

Toyota Motor Corp plans to produce a record 11 million cars in fiscal 2022, according to a person familiar with the matter.

Hitting that production target would depend on a stable supply of chips, the person said. The Nikkei newspaper earlier reported on the production plan. A Toyota spokesperson said the company was not the source of the production report.

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