World News Insights
1-3 Minute Gist

All Topics Article

Toyota Feels Pinch Along With Big 3 As Sales Dive

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
As sales decline in the USA auto industry even the Japanese take a hit. Toyota sales down 10% in March 2008 compared with March 2007 only slightly less than the 12% for the US auto industry as a whole. About one assembly plant worth of idle capacity exists at Toyota. Sales declines at GM and Chrysler19%, at Ford 14%. In fact Shoichiro Toyoda visited Toyota's Indiana plant last October concerned about the idle capacity at the plant. See the link to this and Toyota's senior people like the honorary chairman were concerned about what is happening to Toyota fearing that Toyota may be facing some dangers and was getting complacent.

Toyota's excess capacity and the pledge not to layoff workers in 2008-2009

04/02/2008

With so much excess capacity on the market can Toyota continue to keep all plants open?

Grouped Articles

Toyota Feels Pinch Along With Big 3 As Sales Dive

Wall Street Journal 04/02/2008

Honda plant work grows.

Detroit Free Press 10/03/2008

A Sea of Unwanted Imports

New York Times 11/19/2008

Toyota Boss Faces First Hurdle

Wall Street Journal 07/01/2009


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us