Saturday, February 14, 2009

Toyota to reduce North American production


ERLANGER, KY. : February 13, 2009 – Toyota is implementing additional measures at its North American manufacturing plants designed to further reduce production in the midst of the worst automotive slump in decades. The new actions are consistent with the company’s philosophy of making every effort to protect jobs during the sales downturn.


“We’ve taken responsible, step-by-step actions to address this issue in recent months, and we hope the new measures will help us adjust while protecting jobs,” said Jim Wiseman, vice president of external affairs for Toyota Motor Engineering & Manufacturing North America (TEMA). “This philosophy of shared sacrifice is the best approach for us, and hopefully will make us a stronger company in the long term.”

[Source : TOYOTA]

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