The chip crisis was the ‘doomsday’ of automobile giants!  Toyota also suspends production

The chip crisis was the ‘doomsday’ of automobile giants! Toyota also suspends production

22 July 2021 0 By administrator


Thursday, July 22, 2021 – 16:24 | Last Updated : 22 07 2021 – 16:27

The chip crisis, which started with the coronavirus epidemic, continues to hit automotive giants. Finally, Toyota announced that it has suspended vehicle production in Thailand due to the crisis.

Japanese automaker Toyota has suspended vehicle production at its three production sites in Thailand since earlier this week due to chip shortages.

Toyota temporarily suspended vehicle production at its Ban Pho plant on Tuesday and at its Samrong and Gateway plants on Wednesday. Toyota has an annual production capacity of 550,000 vehicles in Thailand, according to its website.

CAUSE CHIP FAILURE

“Next week’s production operation will be determined at a later stage,” he added, adding that the current suspension is valid until Friday.

In a separate statement, it was stated that factory closures in Thailand were due to parts shortages caused by the pandemic.

The suspensions in Thailand were first reported by Nikkei Asia. Thailand is Asia’s fourth-largest auto assembly and export hub for some of the world’s largest automakers, including Honda and China’s Great Wall Motor.

HONDA ALSO ANNOUNCED THAT IT WILL PASS PRODUCTION

Honda also announced that it would temporarily suspend production at its facilities in Japan due to the problem in the supply of chips used in engine and brake systems.

Honda will suspend production from August 2-6 at its facilities in Mie province in the southwestern part of the country. The production gap will be closed during the holiday period in September.