Toyota Cuts Production Of Tundra and Sequoia
In a rather radical move, by Toyota standards, the production of Toyota’s Tundra pickup and Sequoia SUV is to be slashed down in North America, to accommodate the reduced sales.
The production reduction is to be made at Toyota’s plants in Indiana and Texas and will commence in late spring. The spokesman for Toyota’s North American Production Company, Mike Goss, clarified that there are to be no job cuts at these plants, nor is there any plan to cut back on the manufacture of the Toyota Sienna Minivan, which is also produced at the Tundra-Sequoia plant at Indiana. He however, did not specify the actual number of the Tundra and Sequoia vehicles that will now be produced.
The method for achieving the cut in production is to slow down the actual production cycle. This will be a drastic change, form the normal method in which automakers crank out as many vehicles per hour that the assembly workers can build. The annual capacity of the Texas plant is 300,000 Tundras , and roughly 25,000 a month. Sales have hit abysmal levels; Toyota managed to sell only 14,400 Tundras in Februay.
This malady has affected light-truck sales in general with sales figures an eye-popping 103,558 vehicles less in just these first two months of 2008, as compared to the sales made in 2007.
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