Toyota to Idle US Plants. Again…

Japanese carmaker Toyota announced yesterday it will have to close some of its North American facilities again, in an effort to keep the inventory levels as acceptable levels.

Although the carmaker does not directly link the new closure to the recent 9 million vehicle recall, undoubtedly the move is a response to the decreasing demand in Toyota vehicles.

According to Toyota, the Kentucky plant will suspend production on February 26, with two additional suspension days possible for March … (read more)