(Reuters) — Toyota Motor said on Tuesday its July global vehicle production fell 8.6% year-on-year, missing its target for four straight months, as COVID outbreaks, severe weather and a recall probe on top of a persistent chip shortage hurt output.
The world’s largest automaker by sales produced 706,547 vehicles worldwide last month, below its target of around 800,000 units and the year-ago output of 773,135.