Hovering demand for Toyota’s gasoline-electric hybrids has left suppliers struggling to maintain tempo, resulting in shortages of components and months-long waits for automotive patrons, based on 4 folks acquainted with the state of affairs.
Shares of hybrids are low at Toyota sellers throughout main markets, together with the U.S., Japan, China and Europe, two of the folks informed Reuters.
Why it issues
The surge in demand presents a problem for Toyota, the dominant participant in hybrids. Nevertheless it additionally vindicates the Japanese automaker’s guess on the expertise towards predictions by some rivals that battery-only electrical automobiles would wipe out hybrid demand.
The submit Dude, where’s my car? Toyota buyers face long waits amid hybrid boom appeared first on Reuters Best.
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