Toyota has indefinitely halted plans to offer a heavy-duty pickup truck to compete with the Ford F-350 and the Chevrolet Silverado 2500, according to Automotive News. Toyota had originally planned to launch its truck as early as 2009, but these plans have now been delayed at best. Meanwhile, Nissan has delayed the launch of its heavy-duty pickup until 2009 or 2010. The report seems to suggest Nissan’s program may suffer a similar fate to Toyota’s. It’s unclear what the precise reason for these strategic change is, but rising fuel costs and a sharp decline in truck sales are likely factors.
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