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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