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It’s here again. Toyota is stopping production due to missing chips

Toyota Motor Manufacturing Czech Republic in Cologne will stop production again from Monday due to a lack of chips. It has produced several hundred cars this week. Production is scheduled to resume on September 19, said car spokesman Tomáš Paroubek.

Production in Toyota did not resume after a plant-wide holiday that ended on August 15. The production lines started for the first time this week, but the production was only a few hundred cars. Normally, the Cologne carmaker produces about 1,000 cars a day. The company employs about 2,500 people in Cologne and planned to hire more.

It is a combination of coronavirus and semiconductors, but coronavirus is currently having an overwhelming impact.

Kazunari Kumakura, CEO of Toyota Motor

The parent carmaker Toyota Motor has reduced its full-year production outlook by 300,000 vehicles, or three percent, to nine million, due to shortages of parts, chips and pandemic measures.

“It’s a combination of coronavirus and semiconductors, but coronavirus is currently having a devastating impact,” said Toyota CEO Kazunari Kumakura, adding that the expected operating profit of 2.5 trillion yen, or about half a trillion crowns, does not change anything.

The world’s largest carmaker previously stated that it will supply 9.3 million cars to the market this financial year. Toyota has previously reduced its production plan for September by 360,000 cars. According to the management, it is not yet clear how the situation on the car chip market will develop from November onwards. It is said that the still strong demand is gratifying.

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