Even the Mighty and effective Toyota can not go against the tide of near recession and rising gas prices to sell these vehicles.
I guess Toyota has to use its "Flex Production" methodology to produce different models in its Tundra and Sequoia assembly lines. The Yen vs $ US hit all time high
of Y98 against the $US. Higher the Yen vs Dollars, bigger the impact for Toyota's coffin.. Build more abroad ( Especially USA ) than Japan for sustained profitability.
Tokyo, Mar 14, 2008 (Jiji Press) - Toyota Motor Corp. <7203> will start reining in production of pickup trucks at its Texas and Indiana plants due to sluggish sales amid high gasoline prices and a slowdown in the U.S. economy, officials said Thursday.
Toyota will disclose its production adjustment plan, to be implemented in late spring, to employees at the two plants and suppliers by the end of this week, the officials said.
Toyota will curb the production of the Tundra pickup truck, manufactured at both plants, as well as the Sequoia sport-utility vehicle, assembled at the Indiana plant.
The top Japanese automaker will consider whether to expand the scope of production adjustment by monitoring developments in the U.S. automobile market. The firm has no immediate plan to lay off employees.
By Jiji Press, (c) Jiji Press
Toyota to Cut Pickup and SUV Production at 2 U.S. Plants
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by C.RICKEY HIROSE, Mar 15, 2008.
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Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by C.RICKEY HIROSE, Mar 15, 2008.
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