for Richard Shelby and the rest of the anti-Big Three Red State Toyota Republicans:

What comes around...... :nopity:



via the Int'l Herald Trib:



Toyota to cut North American production
Reuters

Published: January 16, 2009


TOKYO: Toyota Motor Corp., the world's largest car maker, said on Thursday that it would cut production at several North American plants over the next few months in a bid to cut its vehicle inventory in half.

"This is a tough environment, and it may continue for a while," Jim Wiseman, vice president of external affairs for Toyota Motor Engineering & Manufacturing North America, said in a statement.

"In addition to slowing production, we are redoubling efforts to cut costs at each of our facilities," he said, adding the company may have to take further actions to cope with the falling sales and rising inventories.

A Toyota spokesman, Yuta Kaga, in Tokyo declined to disclose the actual number of vehicles to be reduced through the planned production cut.

Toyota shares gained 3.2 percent in morning trade in Tokyo, more than double a 1.5 percent rise in the benchmark Nikkei 225 average. ......(more)

The complete piece is at: http://www.iht.com/articles/2009/01/16/business/16toyota.php