Toyota Motor Expands Plant Halts as Covid Disruptions Deepen

Toyota is facing significant production challenges due to COVID-19 outbreaks in its factories in Japan and China. The company has had to cut production by 47,000 vehicles in Japan and is experiencing similar disruptions abroad, particularly in China, where a major factory has been halted. These issues, compounded by supply chain problems like chip shortages, are affecting Toyota's ability to meet its production goals for the fiscal year. Despite these setbacks, Toyota aims to maintain high production targets for the next fiscal year.

What was the primary reason for Toyota's production cuts in Japan?

• Technical issues in factories

• COVID-19 cases among workers

• A shortage of raw materials

• A decline in vehicle demand

Which city in China is mentioned as having a significant impact on Toyota's production due to lockdowns?

• Beijing

• Shanghai

• Guangzhou

• Tianjin

What is one of the major challenges Toyota is facing globally that affects its production?

• Increased competition

• Environmental regulations

• Chip shortages

• Labor strikes

How has the COVID-19 pandemic affected Toyota's production strategy?

• It has resulted in production cuts and delays

• It has improved supply chain efficiency

• It has caused a shift to electric vehicles

• It has led to increased production targets

What is Toyota's production goal for the fiscal year mentioned in the transcript?

• 8 million cars

• 10 million cars

• 7 million cars

• 9 million cars