Toyota Motor Corp. said Friday it expects global output for November to fall by as much as 15 percent, or 150,000 units, from its initial plan for around 1 million due to difficulty securing parts amid pandemic-disrupted supply chains and a semiconductor crunch.Despite the production cut, Toyota maintained its output target of 9 million vehicles for the year through March 2022 as it aims to ramp up output in the coming months. The full-year outlook was trimmed from 9.3 million units last month.Toyota has been known for its robust supply chains, but the spread of COVID-19 has affected its ou…READ FULL ARTICLE
