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Toyota to idle all Japanese plants for 11-days

01/06/2009, 11:59 AM

By Drew Johnson

Although 2008 is officially in the books, hard times still lay ahead for the world’s automakers. The U.S. market is expected to continue its downward trend this year, as are other developed markets such as Japan. Because of this fact, Toyota has announced even further production cuts.

The Japanese automaker cut Japanese production of its Lexus luxury brand last month, but the new round of cuts will see Toyota idling all of its Japanese production facilities. Toyota’s Japanese plants will be idled for 11-days during February and March, according to Reuters.

The news of the shut down follows closely on the heels of Toyota’s announcement to suspend production at all of its Japanese plants for three days in January.

In November the Japanese automaker reduced its production plan for the year ending March 31st by 950,000 units, so the further shuttering of its Japanese plants should push that number easily into the millions. However, Toyota failed to announce how many units the 11-day shutdown would eliminate from its production schedule.

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01/06, 12:04 PM

posted by:

RaineMan

So when are they going to Washington to ask for a bailout?

01/06, 12:09 PM

posted by:

sj79

this cant be accurate. More anti Toyota propagangda from LLN. Toyota is making the cars people want to buy, including the “best selling” Prius which was like the 17th best selling vehicle in the US last year and got outsold by three pickups.

I love how the rationale for defending Toyota has done from “they are making billions while Detroit begs for money” to “they may be losing money and sales but at least they arent asking the US government for a handout”. Since when did that become something to brag about? BTW, they are begging the Japanese government to change the value of the Yen to help their financial outlook.

01/06, 12:24 PM

posted by:

tripleonefive

Toyota deserves a bailout from Washington more than he Big 3 do
They make better more fuel efficient longer lasting reliable cars and have been for the last 15-20 years while D3 made crap skimmed on safety features to save a buck
Toyota makes cars here while D3 have plants in Mexico and shut down US ones when they dont have to and shouldnt
While it is bad to lose money Toyota is still and more than likely always will be in a better financial position that the D3.
Reason being people want their cars and the truck industry fell apart when gas rose and it will happen again until Patriots learn to buy fuel efficient cars

01/06, 12:58 PM

posted by:

yarddog82abn

Don’t forget that last buck for Toyota stop’s in Japan, and not the U.S. the same goes for their Finance Institutions the payment you make to Toyota Financial dose not stay state side. And,…. NONE OF TOYOTA CEO’S ARE CLASS ALUMNI WITH Mr. W. BUSH…. Unlike GM that most of their chair holders is composted of Mr. W. Bush old classmates… And friend’s of the family up cores… That’s how the Rich stay Richer and the rest of us stay in the same hole we are in… LOL…Don’t you love it….

01/06, 1:08 PM

posted by:

Richard

For the month of December, Toyota and Honda experienced greater sales declines than did GM and Ford. Yet the surrounding narrative of the news reports was about the reluctance of consumers to buy from manufacturers that are on the verge of bankruptcy. The fact that the American companies on the verge of bankruptcy are going better than the Japanese companies that are not was simply ignored.

01/06, 3:02 PM

posted by:

Borat

I haven’t read anything suggesting that Toyota and Honda are doing worse then domestic in US market. I saw reports that in December of ‘08 Ford lost less sales compare to December of ‘07 then Toyota and Honda, but that the bit of best results for domestics. Granted, everybody is experiencing tough times, but neither Toyota, Honda or Nissan are getting billions of their respective taxpayers funds or going out of business (that was grand plan for GM & ChryCo). Ford is scheduled to be run out of cash by spring of ‘09.

01/06, 3:09 PM

posted by:

sj79

Ford has enough money to last through 2009.

Toyota and Honda had worse sales declines than GM and Ford in December. Actually Toyota was worse than ford for the last two months. For December the J2 did worse than the D2. period. Stop the spin machine if you can.

I watched ABC news and they didnt even mention Toyotas 37% drop. They only focused on Detroit even though Toyota is bigger than Ford and Chrysler. Apparently Toyota’s sales drops are never big news.

01/06, 4:59 PM

posted by:

wbent

You are an absolute and utter idiot Triple……again and again you pull out this toyogasm crap when the data proves you wrong every time. Quality? really ever bother to check out NHTSA consumer complaints and recalls? Your Camry and Tundra are absolutely taking a beating. Fuel economy? pull the Prius out of the equation and what do you have? Hell GM smokes Toyota in over 30mpg models and Ford owns as many segments as Toyota. Safety? Ford and Honda dominate that. So just what is Toyota good at? Smoke and Mirror and living on past glories. Factories? last time I checked the D3 each and every one provide far more domestic jobs than Toyota. Support? What did they provide after 9/11 or Katrina? Nothing. Goverment money? The EU just gave them a bunch and now they want their government to be more aggresive in currency manipulation. Fact is they are just as greedy as any of the D3 but are far more sneeky about it the same as their manipulation of the recall process.
Borat Fords market share is actually increasing over the last two months while Toyota’s is decreasing. That said Toyota is in better financial shape currently but as their domestic market moves away from auto ownership it will be very tough on Toyota. It is because of this and other factors that Honda is actually considering moving its entire operation lock stock and barrel to either the EU or US.

01/06, 7:50 PM

posted by:

Mutant@DCX

11 million units needed for 2009, more production cuts required

01/06, 9:04 PM

posted by:

Vosotros

sj79, i’ll agree with you on your comments regarding nightly news broadcast… they serve up a :30 clip and that’s the only impression Americans get of Detroit. ABC, NBC, CBS should be ashamed of themselves for the shoddy news service (not that it’s just the auto industry they’re weak on… how about, oh, international politics? lol)

Not sure where I get that this is “another piece of anti-Toyota propaganda” though!

01/06, 11:49 PM

posted by:

Impulsive

No surprise here …. I called it ages ago. These clowns should have followed my FACTUAL posts here regularly.

A bigger decline last month, y/y, than Ford …. BWAAAAAAAAAAAHAHAHAHAHAHAAAAAA … suckers.

Buy gold.

01/07, 9:48 AM

posted by:

Need more oil for GM

11 day Sushi break!

01/07, 9:48 AM

posted by:

Need more oil for GM

Maybe these freaks can go back to working rice fields instead of trying to build cars. At least Rice won;t break down like a Toyota.

 
 
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