Toyota to reduce global production from 900K to 500K in September

[Sprintey]

Here come those naughty semiconductors (or lack therof) again:

https://www.zerohedge.com/markets/to...-production-40

Markets have responded tonight by pantsing themselves on open. A drop of nearly 400,000 cars in a month is significant.

I have a solution for this mess.

Just scrap semiconductors, and make cars again with simple electrics, distributors & carburettors, and mechanical diesels. No supply shock from lack of semiconductors.