Toyota May Slash US New Car Production in 2009 - Toyota Parts Blog

The reduced demand for new cars in the US may cause Toyota to slash US production 12% in 2009, according to Toyota’s spokesman, Yuga Kata.

Toyota is reducing output because demand is down and the US economy is showing no signs of a quick recovery.  The company’s stock is relatively stable at the time of this writing in Japan with sales of Toyota Parts and Toyota Accessories.

There’s a great article and further details on this subject from Bloomberg Press.

Written by Tom Blackman