Running out of chips Toyota goes back to basics

Toyota has been having some hard time due to global chip crisis. Therefore company has decided to go back to basics.

Running out of chips Toyota goes back to basics
Toyota suffers from global chip crisis

The global problems that started with the coronavirus and have been going on for a while affect all companies around the world. Especially with the eruption of the Russia-Ukraine war, the ongoing problems in the automobile industry increased even more. Car industries hit hardest by chip crisis. Toyota was one of the companies that had problems in this context.

Running out of chips Toyota goes back to basics

toyota goes back to basics

Toyota Motor Corp has been having some hard time for quite a while. It looks like even the keys can be too "smart". The world's largest automaker announced on Thursday that it would temporarily replace one of the two electronic "smart" keys it provides in Japan with a mechanical key.

Toyota apologized for the inconvenience in a statement, stating, "As the shortage of semiconductors continues, this is a provisional measure aimed at delivering cars to customers as quickly as possible."We plan to hand over the second smart key as soon as it is ready," it added.
There has been a severe delay in car production and shipments as a result of a global chip shortage, requiring many buyers to wait years to receive their vehicles."

There has been a severe delay in car production and shipments as a result of a global chip shortage, requiring many buyers to wait years to receive their vehicles. Along with the global problems this year was significantly hard for Toyota with other disruptions. The manufacturer of Toyota and Lexus automobiles issued a warning the previous week that it probably would not be able to produce the 9.7 million vehicles that it had initially anticipated for the upcoming fiscal year.