Toyota Motor Expects to Miss Output Goal on Chip Disruptions

Toyota set an ambitious target of producing 9 million cars despite facing significant supply chain challenges, including a chip shortage. The company has historically managed its supply chain well but was impacted by the Delta variant in Southeast Asia, a key production hub. Despite these challenges, Toyota has recently improved its production numbers, although meeting the original target remains difficult.

What is the main challenge Toyota is facing in meeting its production target?

• Lack of skilled labor

• Chip shortage and supply chain issues

• Environmental regulations

• High production costs

Why did Toyota set a high production target of 9 million cars?

• To surpass competitors

• To reduce production costs

• To expand into new markets

• To meet strong demand for cars

What event significantly disrupted Toyota's supply chain earlier this year?

• The Delta variant outbreak in Southeast Asia

• A major earthquake in Japan

• A trade war with the US

• A cyber attack on their systems

How has Toyota's production been affected in recent months?

• Production has remained the same

• Production has increased due to improved supply conditions

• Production has stopped completely

• Production has decreased due to new regulations

What is Toyota's strategy regarding their production target despite challenges?

• They have lowered their target

• They are maintaining their ambitious target

• They have stopped production temporarily

• They are outsourcing production