Toyota has more bad news for vehicle owners

Toyota has more bad news for vehicle owners
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Toyota Motor Corporation. (TM) – Get the Toyota Motor Corporation report which launched its first electric vehicle in the US bZ4x in April, has had a run of bad luck over the past year.

Despite launching its new all-electric vehicle to compete against Tesla (TSLA) – Get Tesla Inc. Reportford (F) – Get the Ford Motor Company reportgeneral motors (GM) – Get the General Motors company report and Volkswagen with great anticipation, the company had some disappointments at the same time.

When the company launched its bZ4x, which has an MRP of $42,000, the company had already announced a cut in total April production by 17%, then announced that it would reduce the company’s production by 10% in May due to supply chain. problems. .

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