Toyota Putting The Brakes On Plants

DETROIT (AP) - The Wall Street Journal reports today that Toyota Motor Corporation is concerned that it has built too many factories in the United States and is considering a slowdown in plans for further plant building in this country.

The Journal says that although Toyota's U-S sales continue to grow, executives worry about an uncertain outlook.

In addition, a cheap yen has made it more profitable for the company to produce cars in Japan and ship them to the U-S.

In Japan, most of Toyota's factories are clustered in a single place, Toyota City. In the U-S over the past decade, Toyota has spread factories from Fremont, California to Georgetown, Kentucky.

Toyota has just announced a new Mississippi plant, where production is set to start in 2010.

(Copyright 2007 by The Associated Press. All Rights Reserved.)


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  • by Toyota was good for America? Location: Kentucky on Jun 20, 2007 at 02:49 PM
    For all the people who thought Toyota was such a great thing. Well you see how the Japanese company has merely used the United States to gain market share. I personally never seen a benefit to their factories. Yes, they gained market share, yes they created jobs. However, Ford, GM and Chrysler have been hurt by uneducated shoppers turning their back on America. Was there a gain in US jobs. No. There were only cuts for the former Big Three, one offsetting the other I hope all of America will wake up and look at today's quality reports and stop buying the Japanese products. Let them take themselves back to Japan so they can avoid Union benefits and make even cheaper cars than the do here. Have you looked at the back of their pickup seats? Most are not even covered, you only see springs. Toyota quality is not what it once was.

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