Toyota misses May global production target

MG News | June 29, 2022 at 09:59 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 29, 2022: Toyota Motor Corp on Wednesday said it missed its already downgraded global production target for May, falling short for the third month running, as China's COVID-19 lockdowns and semiconductor shortages continued to bite.

The world's largest automaker by sales said it produced 634,940 vehicles globally last month, a 5.3% decline from the same month last year and short of its target of about 700,000.

Toyota in mid-April said it planned to produce 750,000 vehicles in May but soon lowered that by 50,000 due to COVID-19 containment measures in Shanghai.

Reuters

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,175.51 216.20M	0.58% 984.86
ALLSHR	103,183.14 695.21M	0.63% 650.16
KSE30	51,222.50 86.05M	0.65% 329.46
KMI30	245,442.74 79.49M	0.75% 1819.66
KMIALLSHR	66,977.52 438.22M	0.75% 499.57
BKTi	46,694.47 24.99M	0.10% 46.03
OGTi	35,691.66 7.41M	1.22% 429.65

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,815.00	65,925.00 61,545.00	-2770.00 -4.22%
BRENT CRUDE	96.51	97.44 95.61	-1.30 -1.33%
RICHARDS BAY COAL MONTHLY	122.00	122.00 122.00	-1.75 -1.41%
ROTTERDAM COAL MONTHLY	133.35	136.95 133.00	-5.65 -4.06%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	94.98	95.91 94.06	-1.04 -1.08%
SUGAR #11 WORLD	14.38	14.45 14.18	0.14 0.98%