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Toyota new car buyers are facing more delays as the Japanese car giant has announced it will cut global production again by roughly 15% or 150,000 vehicles.

Once again, the production cuts have been attributed to the ongoing semi-conductor shortage. Toyota buyers experienced a brief reprieve during November and December when production was increased.

All Toyota factories worldwide are said to be affected, with majority of the production hit occurring in Japan. Therefore, many of Australia's best-selling models including the Corolla, RAV4, Yaris, Yaris Cross and Camry, will face more delays.

Toyota Australia stated "Toyota Australia continues to work closely with our global production team to support our dealers and customers. Together with our parent company, we are doing everything we can to get customers into their new Toyota vehicles as soon as possible."

The Japanese car giant initially planned to manufacture 700,000 cars during February, allowing many Toyota's new-car buyers to breath a sigh of relief.

There have been assurances that Toyota is doing everything possible to curtail the car production delays. An official statement was made by the company "We will continue to work with our suppliers in strengthening the supply chain and make every effort to deliver vehicles to our customers as soon as possible."

To help Remunerator customers, we have worked with our Australia-wide dealership network to source new and used Toyota's that are in-stock and available now. If you are interested in novating a Toyota, ask our novated leasing specialists about our in-stock vehicles database on 1800 501 703 or email