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Old 07-28-2008, 09:02 PM   #1 (permalink)
HoosierRon
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Join Date: Feb 2006
Posts: 6,656
Toyota's production to PLUMMET 4.5% this year (welcome to #1)

Ironic that the Japanese media will report this, but such news is 禁止されて (verboten) in the U.S. media.

Report: Toyota Plans 4.5% Cut in Global Production For This Year

Quote:
The automaking giant had increased worldwide production annually by 500,000 to 800,000 vehicles since 2002, turning out 9.49 million in 2007. The revised 2008 target of roughly 9.5 million to 9.6 million vehicles reflects cutbacks mainly in Japan and the US. The figures include the projected output of group members Daihatsu Motor Co. and Hino Motors Ltd.

...Toyota has decided to suspend production lines in Texas and elsewhere for such vehicles for three months starting next month, curbing output by 50,000 to 100,000 units. Its US production this year is expected to fall below the 2007 level of about 1.3 million vehicles, even with increased output of hot-selling smaller cars.
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