Toyota Motor Thailand Co. Ltd. joins the production slowdown in Thailand but says it is trying to avoid layoffs among its 8,000 permanent staff. Vice Chairman Ninnart Chaithirapinyo says the auto maker will cut 40,000 units of production between December and April. Toyota, which has capacity for 550,000 vehicles at its three plants in Thailand, says it has lowered its 2009 production target to 450,000 from 500,000. ‘’The market has been in a global panic, causing demand to collapse ...

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