Toyota has announced plans to idle its plants in Japan for 11 days in February and March due to declining sales in the U.S.
Last month Toyota reported a 37 percent sales decline and now vehicles are beginning to pile up. Last month was Toyota's sharpest decline in more than a quarter of a century. Toyota even performed worse than GM and Ford.
"I never expected the crisis to spread this fast and leave this deep a scar," Toyota President Katsuaki Watanabe told reporters at a Tokyo event hosted by Japan's top business lobbies.
Nissan and Honda have also announced to cut production by at least 200,000 vehicles for the year ending in March.
Related posts:
- LeMons Veteran SE-R Triumphs In NASA Performance Touring Race At Infineon [Racing]
- Commenter Of The Day: Władysław Podkowiński Edition [Commenter Of The Day]
- Commenter Of The Day: Paul's Boutique Edition [Commenter Of The Day]
- 10 Minutes in Nostalgia Nitro Funny Car Heaven
- GT-RR For “R” – Our Latest Build, In Progress
Related posts:
- Suzuki Equator priced from $17,995
- Top Gear Season 10 Available On DVD April 21st
- Vehicle recalls down 30% in 2008
- Infiniti Essence: Retro Hybrid
- Shanghai Steps Out
0 коммент.:
Отправить комментарий