TOYOTA MOTOR TO HOLD OFF PRODUCTION LINES OVER CHIP SHORTAGE

Highlights –

• Toyota Motor to hold off production lines over chip shortage.
• The company plans to halt two of its plants for around 8 days in June.
• The suspension of production will affect around 20,000 vehicles.
• Toyota expects its net profit to grow through March 2022.

Global semiconductor shortage has lead Toyota Motor Corp. to suspend its production li....