The Japanese automaker announced that 27 out of 28 lines in all of its 14 plants in Japan would face suspensions.
“Due to the parts shortage resulting from the spread of COVID-19 in Southeast Asia and other factors, we have announced on Sept. 10 our revised production plan for October. We would like to announce today that there will be suspensions to domestic plant production for completed vehicles in Japan,” the company said.
“We sincerely apologize for the inconvenience caused to our customers and suppliers due to these changes,” the company added.
Global chip shortage has affected more than 169 industries, leading to major shortages and queues amongst consumers for video cards, video game consoles, cars, and other electrical devices.
The cause of the global chip crisis is a combination of different events with the COVID-19 pandemic being the primary reason. Other causes have been attributed to the China-United States trade war and Taiwan drought. (ILKHA)
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Türkiye's social safety net saw a substantial expansion in 2022, with total spending on social programs surging by 60.2% compared to the previous year.
Turkish Statistical Institute reports uptick across various sectors, with notable gains in manufacturing and services.
Turkish Labor Minister Vedat Işıkhan hailed positive developments in the country's job market following the release of the latest unemployment figures.
The Turkish Statistical Institute (TurkStat) released its annual labor market report, revealing positive trends in overall employment and a decrease in the national unemployment rate for 2023. However, the data also sheds light on persisting regional disparities that require further attention.