• About Us
  • Contact
Wednesday, March 22, 2023
No Result
View All Result
NEWSLETTER
The Business Wiz
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
No Result
View All Result
The Business Wiz
No Result
View All Result
Home Sectors Transportation

Toyota plans to build 10.6 million vehicles in 2023

by Web Admin
17/01/2023
in Transportation
0
Toyota plans to build 10.6 million vehicles in 2023
Share on FacebookShare on Twitter

Toyota on Monday said it could produce as many as 10.6-million vehicles this year, while warning of downward risk to its projection from the possible impact of issues such as parts supply shortages and Covid-19.

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.

Toyota on Monday said it could produce as many as 10.6-million vehicles this year, while warning of downward risk to its projection from the possible impact of issues such as parts supply shortages and Covid-19. PHOTO / COURTESY

The purpose of disclosing the baseline figure was to make it easier for suppliers to draw up management plans, a Toyota executive said.

Toyota last month maintained a production forecast of 9.2-million vehicles for this fiscal year, which runs through March from April 2022.

In November, it had lowered a previous projection of producing 9.7-million vehicles this fiscal year due to the fallout from rising material costs and the persistent semiconductor shortage.

Source: Reuters

Web Admin

Web Admin

Next Post
Tanzania’s food stock down to 147,401 tonnes in November, 2022

Tanzania’s food stock down to 147,401 tonnes in November, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Exchange Rate

Exchange Rate USD: Wed, 22 Mar.

Recommended

Auric Air to embark on expansion strategy after securing second Dash 8 aircraft

Auric Air to embark on expansion strategy after securing second Dash 8 aircraft

3 months ago
Vodacom switches on Tanzania’s first 5G network

Vodacom switches on Tanzania’s first 5G network

7 months ago

Popular News

    News

    Get latest news from us.


    SUBSCRIBE

    Category

    • Agriculture
    • Aviation
    • Banking
    • Commodities
    • Construction
    • CSR
    • Currency
    • Economic
    • Energy
    • Featured News
    • Financial Services
    • Information Technology
    • Infrastructure
    • Investment
    • Jobs
    • Manufacturing
    • Markets
    • Mining
    • Others
    • Q&A Interviews
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation

    About us

    The Business Wiz (TBW) is Tanzania’s premier one-stop online platform providing in-depth, accurate and timely business news, analysis, commentary and online business information portals and research.

    • About Us
    • Contact

    © 2022 The Business Wiz

    No Result
    View All Result
    • Home
    • Featured News
    • Economic
      • Currency
    • Investment
    • Markets
      • Stock Market
    • Sectors
      • Agriculture
      • Commodities
        • Markets
      • Construction
      • Energy
      • Financial Services
      • Information Technology
      • Infrastructure
      • Manufacturing
      • Markets
      • Mining
      • Real estate
      • Telecomunication
      • Tourism
      • Transportation

    © 2022 The Business Wiz

    en English
    ar Arabiczh-CN Chinese (Simplified)en Englishfr Frenchde Germanit Italianru Russianes Spanishsw Swahili