Toyota Finally Slashes North American Production

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The car chip shortage is getting worse, and nobody seems to be safe now…

The latest victim in the ongoing microprocessor chip shortage for the automotive industry is Toyota’s North American operations. As reported in multiple major media outlets, production of Toyotas on this continent is being scaled back as the auto giant feels the pinch after sidestepping it previously. The chip shortage has been blamed by many on the coronavirus pandemic in Southeast Asia, where the vast majority of microprocessors for vehicles are manufactured, but other factors have cut production dramatically.

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Production of Toyotas in North America will be slashed by a whopping 40 percent, affecting lines at 14 different assembly plants. That means in August alone Toyota believes it will make between 60,000

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