{
DENSO CORP. R

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Toyota faces hybrid supply shortages amid soaring demand and production challenges

Soaring demand for Toyota's gasoline-electric hybrids has led to significant supply chain challenges, resulting in extended wait times for customers across major markets. With global hybrid sales nearly tripling in five years, Toyota is working to boost production capacity while facing component shortages, particularly in magnets and inverters. Competitors like Hyundai and Honda are also struggling to meet hybrid demand, highlighting the growing popularity of these vehicles amid a competitive landscape.
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United States Dollar Japanese Yen Indian Rupee Chinese Yuan Toyota Motor Corp Hyundai Mobis Co.,Ltd Aisin Corp DENSO CORP. R Mahindra & Mahindra Ltd Honda Motor Co., Ltd. USA KOR CHN JPN IND Rakesh Kumar Saugata Dasgupta Varinder Wadhwa Show more
Business & Industry, Market Report
09:17 31.03.2025
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