Chip shortages are affecting a lot of industries, everything we use day to day has a computer inside it, washing machines, cars and even things like WiFi lightbulbs. The affects of COVID-19 on a lot of areas is still prevalent and Toyota is the latest car company to face a shortage of semiconductor chips.
As a result, the company has now reduced car production by 40% for the next few weeks in the USA and Japan. This means the company will produce between 60,000 and 90,000 less vehicles during this time.
Chip shortages affect car companies, earlier this year Ford had to cut production and then in the last couple of weeks, so did Volkswagen.