Toyota mulling global output capacity cut - source

Newswire

TOKYO, Aug 26 (Reuters) - Toyota Motor Corp is considering cutting its global production capacity to reduce fixed costs as demand weakens worldwide, a source with knowledge of the matter said. The world's biggest automaker has decided to halt a production line in Japan for about a year and a half from next spring and is considering halting a line at a U.K. plant, the source said. The scale of the capacity cuts and timeframe have not been finalised, said the source, who declined to be ...

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