Toyota says it could produce 10.6 million vehicles in 2023

The car giant said that it saw a downside risk of about 10% on that baseline production volume - a value which did not constitute a formal production target for this calendar year - on risks such as shortages in chips supply or the spread of COVID-19. The purpose of disclosing the baseline figure was to make it easier for suppliers to draw up management plans, a Toyota executive said.

from Auto-Industry-Economic Times https://ift.tt/dvbzQTk