Toyota does not face immediate chip shortage from Nexperia, CEO says
PositiveFinancial Markets

Toyota's CEO has reassured stakeholders that the company is not facing an immediate chip shortage from Nexperia, a key supplier. This news is significant as it alleviates concerns about production delays that have plagued the automotive industry due to semiconductor shortages. With this assurance, Toyota can continue to meet consumer demand and maintain its production schedules, which is crucial for its market position.
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