Toyota will suspend production at 9 lines out of 6 factories in Japan in August, cutting the planned output for the month by about 150,000 vehicles.
The company blames constantly COVID– shortages of relevant parts in its supply chain and current shortages Semiconductors.
Global production in August is expected to reach around 700,000 vehicles, down from the 850,000 vehicle expected when reporting suppliers at the start of the year.
Affected vehicles include RAV4, LandCruiser 70 and 300 . line, Corolla, camry, C-HRand bZ4xas well as related stuff Subaru Solterra. The Lexus LX also affected.
The monthly production halt will include Motomachi (18 days), Tsutsumi (five days), Iwate (five days), Fujimatsu (five days), Yoshiwara (11 days) and a factory listed as ‘Toyota Industries’ Corporation’ (one day).
TMC still says that its global production output for August-October is estimated to average around 850,000 units per month, and its output forecast for the Japanese fiscal year (April-March) remains unchanged. changed at approximately 9.7 million vehicles.
But it’s hard to see this happening, as Toyota Motor Corp has cut its output for the whole year – having posted more than 20 production bulletins and subsequent revisions since January.
Toyota Australia dealers navigate persistent chronic shortages talking to some customers to prepare for years of waiting on core models including the LandCruiser, RAV4 and Camry.
Some east coast dealers offer printed instructions for expected customer wait times, which can vary based on Toyota’s build process. We’ve seen some of these guidelines on car forums, while others we’ve seen for ourselves.
Many dealers say customers will wait about 18-24 months for the new Toyota RAV4 hybrid to order and 12-24 months for the Toyota Camry hybrid – two models in great demand due to the current record fuel prices. .
This writer knows some people who have been waiting 18 months on their RAV4 hybrid over the past few weeks, so check this out.
The average suggested delivery time on the LandCruiser 300 Series is also listed as 18-24 months – we know Lexus LX there are also yearlong waits – while LandCruiser 70 listed as having a waiting period of four years, “or never”.
This final figure may be an exaggeration and has been disputed by TMC.
For its part, Toyota Australia acknowledges the long wait but says there isn’t really a one-size-fits-all timeframe, because each dealer has different pipelines.
“Demand for new vehicles is at an unprecedented level. In Australia, to support strong demand, Toyota Australia has been working closely with our global manufacturing teams to secure as many vehicles for our market as possible,” it said recently.
“Lead time varies depending on the model, variant, and specification requirements of each customer. The RAV4 Hybrid, Camry Hybrid, LandCruiser 70 and LandCruiser 300 are in particularly high demand and now have longer wait times.
“Due to the increasing nature of this situation, it is best for Toyota dealers to continue to update customers on the delivery timeframe for individual orders.”
Toyota Australia has removed customer web order tracking from its website, instead requiring customers to contact their “sales agent” for up-to-date information.
In separate but related news, Toyota Motor Corporation Australia $249 million in after-tax profit for the financial year 2021-22.
Including operations for Toyota Australia, Lexus Australia and Revolution (software services), the results also include proceeds from the sale of the Chatswood Toyota dealership in Sydney.
Toyota and Lexus fiscal year sales rose 6.2% to 234,091 vehicles combined, accounting for more than one in five new cars sold in Australia (22.3%).
“…Unprecedented demand for our vehicles, combined with shortages of semiconductors and other components of the global auto industry due to the COVID supply chain challenge, has unfortunately resulted in customer wait times for multiple vehicles,” said TMCA President and CEO Matthew Callachor.
“Toyota sincerely apologizes for the inconvenience affected customers have suffered, and thanks them for their loyalty and patience.
“I want to assure them that we and our global production teams are doing everything in our power to secure the maximum number of vehicles for our market as quickly as possible.”
Mr Callachor said TMC Australia would donate one per cent of annual pre-tax profits to community programs, starting at $3.4 million for 2021-22. Always conscious of smart PR practices, Toyota soon returned JobKeeper payments to the government in January 2021.
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