Sunday, February 22, 2009

Toyota may cut 2009 output to 6.5 million units - MarketWatch

Toyota may cut 2009 output to 6.5 million units - MarketWatch:

"HONG KONG (MarketWatch) -- Toyota Motor Corp. plans to cut its global
production to 6.5 million vehicles this year, down 20% from the 8.21 million
units it produced in 2008, according to a Japanese media report Monday."

Now this really is a bad economic sign.

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