Toyota to Cut 60k-80k Vehicles from October Production

Semiconductor and related parts shortages continue to chip away at North American auto production – with Toyota alone slashing as many as 250,000 vehicles from production schedules over just three months.

The list of automakers cutting back production includes other big names such as Stellantis as well as smaller automakers such as Subaru, which operates a sole location in the U.S. in Lafayette, Ind.

Michael Cowden

Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

Michael Cowden

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