Saturday, January 24, 2009

Toyota Japan output to drop 60 percent

Toyota Motor Corp plans to reduce vehicle production in Japan by nearly 60 percent in April, a level that could force it to cut its domestic workforce amid slumping car sales.Toyota, the world's biggest automaker, is whittling down its non-permanent workforce by letting contracts expire, but executives have said they intend to leave full-time staff untouched despite unprecedented factory suspensions in Japan.

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