Toyota builds record number of cars. But there's more worry than cheer!

Toyota manufactured 833,104 units worldwide in November of 2022 - a new record high

Global sales climbed by 2.9% to 796,484 units. North America remains the most vibrant market

The future outlook may not be great because of multiple factors

Semiconductor shortage continues to plague manufacturers. Toyota continues to walk a careful path

Rising number of Covid infections in China, world's largest market, is a big concern too

Strict restrictions to check Covid spread in China is likely to hurt production of crucial car components

This is likely to translate into a rising demand but inability to meet this

Toyota share prices in home market of Japan, as such, has declined around 13% this year

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