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    Analysis

    December 16, 2021

    Toyota to Cut 40-50k Vehicles from January Production

    Written by David Schollaert

    Despite steady improvements across supply chains, the North American auto industry hasn’t seen the last of the semiconductor and related parts shortages. Although most automakers are steadily improving and, in some cases, back to regular production, some downtime continues to be reported.

    AutoAssembly2Toyota alone is slashing another 40,000 to 50,000 vehicles from its January production schedule because of the ongoing supply-chain challenges, a company spokesperson confirmed to Steel Market Update.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

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