Toyota Motor Corp. will cut back production of Tundra pickups and Sequoia SUVs in Indiana and Texas in response to slow sales.
The reduction in volume--a rare move for Toyota in North America--will begin in late spring, said Mike Goss, a spokesman for Toyota's North American production company. He said last week that Toyota has no plan to lay off workers at either plant.
Goss declined to say how many fewer trucks Toyota will produce this year because of the cutback.
Read the whole story.
Leave a comment