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Toyota Reconsiders Production Plans as Disruptions Pile Up

  • CEO Akio Toyoda says manufacturing situation is ‘at the limit’
  • Carmaker will share target for next quarter at a later date
Imports and exports at Tanjung Priok Port Ahead of Trade Figures
Photographer: Dimas Ardian/Bloomberg
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Toyota Motor Corp. is reviewing its production plans as mounting global disruptions hinder the automaker’s attempts to boost output.

“We need to examine the conditions before us,” Chief Executive Officer Akio Toyoda told union leaders, according to a publication posted to the company’s website Wednesday. “If we do not continue to make sound production plans” along with suppliers, “this will lead to exhaustion.”