Sunday, August 1, 2010

ALWATAN News

Market Analysis

Toyota Motor Corp. is planning an overhaul of it U.S. operations following weaker sales in June, with the automaker likely to introduce additional production holidays at its Texas truck factory and two other U.S. facilities to trim output, according to a Japanese media report.

The Corporation is also planning to transfer some employees at its Indiana plant to other facilities and increase production at a facility producing the luxury Camry sedan, along with other fuel-efficient vehicles. Toyota will also cut production at an automotive facility in Japan, which primarily produces vehicles for the U.S. market ,by about 10% this fiscal year.

IndexTrends Watch