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 a manufacturer’s retail price of $42,000, the company had already announced a cut in total April production by 17% and then announced that it would cut company production by 10% in May. due to problems with the supply chain. .

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