Toyota Motor Corp is cutting its global production plan for June for the second time this week, reducing its planned output to 800,000 vehicles. The COVID-19 lockdown in Shanghai is blamed.
The automaker is reducing its planned output by about 50,000 vehicles to 800,000.Camry vehicles move through final inspection after coming off the assembly line at the Toyota manufacturing plant in Georgetown, Kentucky.
On Tuesday, Toyota cut its production plan for June by about 100,000 vehicles to roughly 850,000. Friday's announcement means the company has now cut 150,000 vehicles from its June estimates.
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