Toyota has several bad news for vehicle owners

Toyota Motor Corp. (TM) – Get Toyota Motor Corporation report which launched its first US electric vehicle bZ4x in April, has had bad luck over the past year.

Despite rolling out its new all-electric vehicle to compete with Tesla (TSLA) – Get Tesla Inc. ReportFord (F) – Get Ford Motor Company ReportGeneral motors (GM) – Get the General Motors Company Report and Volkswagen with high expectations, the company had a few downturns at the same time.

When the company launched its bZ4x, which has a manufacturer̵[ads1]7;s retail price of $ 42,000, the company had already announced a 17% reduction in total production in April, and then announced that it would cut the company’s production by 10% in May due to supply chain problems.

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