--Toyota Motor Corp. will cut its auto production worldwide in September by around 40% from its prior target, Nikkei reports, without citing any sources.

--The Japanese automaker plans to produce roughly 500,000 units in September, down from its previous plan to produce 900,000 units, mainly owing to the global chip shortage, the Nikkei reports.

Full story: https://s.nikkei.com/3y0xXEP

Write to Ronnie Harui at ronnie.harui@wsj.com

(END) Dow Jones Newswires

08-19-21 0218ET