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Toyota to cut production

  • Source: Global Times
  • [08:51 August 27 2009]
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Japan's Toyota Motor plans to slash its global production capacity by up to 10 percent to cope with weak sales.

A Toyota spokeswoman confirmed the plans to suspend from early 2010 until late 2011 a line at its Takaoka plant in Aichi prefecture that can produce 220,000 vehicles a year.