Toyota shuts down Japanese factories due to system failure
Toyota has suspended operations at 12 of its 14 domestic plants in Japan after a system malfunction prevented the company from ordering components. The glitch is not believed to be a cyberattack. Toyota shares fell by 0.64 percent following the news. The carmaker, which was the world's top-selling automaker in 2022, has set a production target of 10.6 million vehicles for 2023.