Toyota Says It Will Suspend Production In Japan

from National Public Radio
January 6, 2009

Japan's leading carmaker announced it would freeze production at all its Japanese factories for 11 days over February and March. This is on top of a three-day shutdown at Japanese factories in January. The last time Toyota Motor Corp. announced a sweeping production halt was in 1993 — and that was for one day only. The recession is hitting Toyota harder than top management expected.

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