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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16822815" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3885146-toyota-motor-to-produce-800k-vehicles-in-october?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Toyota Motor to produce 800K vehicles in October</a></h3><p><a href="https://seekingalpha.com/symbol/TM?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">TM -2.24%</a>Sep. 22, 2022 5:42 AM ET</p><p></p><ul> <li data-xf-list-type="ul">Toyota Motor (NYSE:<a href="https://seekingalpha.com/symbol/TM" target="_blank">TM</a>) announced plans to produce about 800K vehicles worldwide in October - <em><a href="https://www.reuters.com/business/autos-transportation/toyota-produce-800000-vehicles-october-weighed-by-chips-shortage-2022-09-22/" target="_blank">Reuters</a></em>.</li> <li data-xf-list-type="ul">This is about 100,000 short of company's average monthly production plan, due to semiconductor shortages.</li> <li data-xf-list-type="ul">Last month, the company said it aimed to produce 900K vehicles from September through November.</li> <li data-xf-list-type="ul">However, the company now expects to produce about 850,000 vehicles per month on average from October to December weighed by chips shortages.</li> <li data-xf-list-type="ul">The company will suspend production for up to 12 days for 10 lines at seven domestic factories in October.</li> <li data-xf-list-type="ul">Earlier this month, the company stated that it will suspend production on three lines at its Motomachi plant in central Japan for some days in September.</li> <li data-xf-list-type="ul">The company is still aiming for 9.7M global vehicle production target for current financial year through March 2023.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16822815, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3885146-toyota-motor-to-produce-800k-vehicles-in-october?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Toyota Motor to produce 800K vehicles in October[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/TM?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']TM -2.24%[/URL]Sep. 22, 2022 5:42 AM ET [LIST] [*]Toyota Motor (NYSE:[URL='https://seekingalpha.com/symbol/TM']TM[/URL]) announced plans to produce about 800K vehicles worldwide in October - [I][URL='https://www.reuters.com/business/autos-transportation/toyota-produce-800000-vehicles-october-weighed-by-chips-shortage-2022-09-22/']Reuters[/URL][/I]. [*]This is about 100,000 short of company's average monthly production plan, due to semiconductor shortages. [*]Last month, the company said it aimed to produce 900K vehicles from September through November. [*]However, the company now expects to produce about 850,000 vehicles per month on average from October to December weighed by chips shortages. [*]The company will suspend production for up to 12 days for 10 lines at seven domestic factories in October. [*]Earlier this month, the company stated that it will suspend production on three lines at its Motomachi plant in central Japan for some days in September. [*]The company is still aiming for 9.7M global vehicle production target for current financial year through March 2023. [/LIST] [/QUOTE]
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Frying Pan Into the Fire -- Chip Shortage
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