Toyota sees potential for exporting U.S. vehicles »
Posted By STONERS 3 months, 1 week ago in Business & FinanceToyota Motor Corp (7203.T) is considering exporting U.S.-made vehicles as it sees potential demand for its large pickup trucks and sport utility vehicles overseas, the automaker's U.S. manufacturing chief said on Monday.
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STONERS3 months, 1 week ago
"Toyota could also cut temporary U.S. manufacturing jobs if the downturn in the U.S. auto industry deepened, as it has cut U.S. truck production amid a collapse in demand for the once-popular, gasoline-thirsty vehicles, the executive said."
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"Toyota, now No. 2 in U.S. sales behind General Motors Corp (GM.N), is facing the unprecedented problem of excess capacity in the U.S. market as demand for large vehicles such as its Tundra pickup trucks and Sequoia SUVs has tumbled in the wake of record gasoline prices." -
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mozzer3 months, 1 week ago
Toyota's gotta unload their inventory somewhere. They've already idled the San Antonio plant. No one has been laid off, but a couple hundred temp jobs were eliminated.
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bluetexasvalley3 months, 1 week ago
Well, there are countries where the gas is cheap -- like Venezuela -- and they could sell the trucks and SUVs there. Meanwhile, converting the Mississippi plant to building Priuses is a smart move; last I heard, they have a one-year waiting list for these hybrids.
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