Toyota ramps up production, cuts waiting times
Toyota has ramped up planned factory output over the next few months as it tries to reduce wait times across markets – including Australia, where demand is strong.
In its regular production bulletin, the world’s largest automaker said it is currently looking to average 900,000 vehicles per month in the September-November period.
Its previous three-month target, which covers August through October, was 850,000 cars per month.
This does not mean that the company has a specific plan of 900,000 vehicles per month. In fact, it said it still expected to make 850,000 in September, showing a spike in October and November to hit a higher average over the three-month period.
“This plan is based on careful validation of our suppliers’ component sourcing, staffing structure and facility capabilities,” the company said.
“However, it is still difficult to look ahead due to the spread of COVID-19 and other factors, and we will continue to do our best to deliver as many vehicles to our customers during this time as possible. as soon as possible and closely examine the situation.”
The production forecast for the fiscal year (April 1 to March 31) remains unchanged at approximately 9.7 million vehicles, compared with 10,063,895 vehicles in the previous fiscal year – a decrease of 3 ,6%.
Toyota Motor Corp. has in fact cut its output for the whole year – having posted more than 20 production bulletins and subsequent revisions since January. The combination of COVID in its supply chain and the ongoing semiconductor supply breakdown are the main reasons.
Toyota Australia dealers affected by 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.
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. .
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 4-year waiting period, “or never” according to an agent.
This final figure may be an exaggeration and has been disputed by TMC, although it Since then, orders have been paused on the vehicle in question.
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 also removed customer web order tracking from its website, instead requiring customers to contact their “sales agent” for up-to-date information.
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