💨 Abstract

Toyota's gasoline-electric hybrid demand has surged, leaving suppliers struggling to keep up, resulting in parts shortages and long waits for car buyers in major markets like the US, Japan, China, and Europe. The situation is causing headaches for some customers, with delivery times improving but still ranging from two to nine months in India. Toyota is working to boost production and may look to other suppliers to ease the strain in one market.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖