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Toyota cuts global production plan by 50,000 vehicles in July

Toyota, however, kept its annual global production target of 9.7 million vehicles unchanged. (REUTERS)

In a press release regarding the same, the Japanese carmaker said, "As it remains difficult to look ahead due to the shortage of semiconductors and the spread of COVID-19, there is a possibility that the production plan may be lower."

Toyota, however, kept its annual global production target of 9.7 million vehicles unchanged.

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