Suffering as COVID-19 outbreaks and a parts shortage slowed its operations, Toyota Motor Company on Monday said it had missed its production target.
Toyota said it produced 692,259 vehicles worldwide last month, a 9.1% drop from the same month last year. This fell short of their production target of 750,000 vehicles.
These numbers raised questions about how severely manufacturers will be hit by COVID slowdowns.
Last week, Toyota announced it had lowered its global production plan for June to around 800,000 vehicles due to China COVID lockdowns. It also indicated it might lower its full year output plan of 9.7 million vehicles..
On Monday the automaker also said global sales dropped 111% in April versus a year earlier, to 7763,708 vehicles. Domestic sales also dropped 17% to 103,143 vehicles, not counting sales from units Daihatsu and Hino Motors.