Events Calendar
In This Section
Browns lose game they never should have lost
After 30 years at the helm of Akron Children's, Considine still looks to future
Quinn's career day isn't quite enough for Browns to win
Browns find another way to lose
New version of Mozilla Thunderbird landing soon
SCORE offers wide variety of workshops
Most Read Stories
Police accuse bank robbery suspect of gobbling up note (with dashcam video)
Victim of beating in Kent last week is declared dead at Akron hospital
Akron man killed in crash on his street
Browns find another way to lose
Can DNA tests free ex-Akron captain?
After 30 years at the helm of Akron Children's, Considine still looks to future
Dad accused of forcing son into field, killing him
Man found dead in North Akron home is identified
Blogs:
Pets:
Cat-loving chihuahua suckles seven abandoned kittens
The Heldenfiles:
Sunday Notebook
Patrick McManamon:
Browns sick after sick loss in Detroit
Akron Zips:
Zips advance to Sweet Sixteen
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Post-game defensive quotes
Kent State Sports:
Kent State defeats Rochester College, 63-44
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
OSU – Michigan college football rivals meet in Baghdad
Varsity Letters:
Four area football teams play tonight
All Da King's Men:
The Onion, By Any Other Name…
Blog of Mass Destruction:
Will Health Care Reform Pass?
Akron Law Café:
Health Care Financing Reform: (70) Savings in Medicare Advantage
See Jane Style:
Vintage Chic
Car Chase:
TIME TO GET YOUR COLLECTOR CARS WINTERIZED
Let's Talk Real Estate:
Faye Dunaway to be Evicted?
Ohio Travels with Betty:
Monique asks how to get tickets for the Polar Express.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Personal Rant – You are All Wrong About Jobs, or the Lack of Jobs, Being the Reason People Do Not Live in NEO
Akron Gamer:
Nintendo's Mario endures even as games come and go
Production reduced in Indiana and Texas as part of industry trend
By Alan Ohnsman
Bloomberg News
Published on Thursday, Jun 19, 2008
Toyota said it's cutting U.S. production of Tundra pickups, the second such reduction in four months, as record gasoline prices and a weak economy erode demand for large trucks.
Tundra daily production at plants in San Antonio and Princeton, Ind., will be slowed, spokesman Mike Goss said, without providing details. Additionally, San Antonio's truck line will shut down for 14 days between now and the end of October, while the Princeton factory is cutting six production days between now and the end of August on a line that makes Tundras and Sequoia sport-utility vehicles, Goss said.
''The market is a tide that moves all boats. Toyota might have a better mooring, but it can't avoid what's happening in the full-size truck market,'' said Eric Noble, president of consulting firm Car Lab in Orange, California.
Higher gasoline prices, a sluggish economy and a decline in new home construction have contributed to a 22 percent drop so far this year in U.S. sales of large pickups such as Tundra, Ford's F-150 and General Motors' Chevrolet Silverado.
Tundra sales dropped 32 percent in May as buyers shifted to smaller, more fuel-efficient vehicles.
Similarly, sales of large SUVs such as Sequoia are down 32 percent through May, according to Autodata Corp.
There are no plans to consolidate all Tundra and Sequoia assembly at the San Antonio plant, Goss said.
Neither of the plants affected by the most recent reduction will lay off full-time assembly workers, Goss said. Jobs held by some 200 temporary employees in San Antonio will be eliminated.
The company's Huntsville, Ala., engine plant is also studying production cuts resulting from the reduced output of Tundras and Sequoias.
Sales of Ford's F-Series trucks, the top-selling pickups in the U.S., have fallen 19 percent through May. GM's Silverado is down 26 percent.
Toyota's U.S.-traded depositary receipts (which represent Toyota shares traded in Japan) have declined about 2.7 percent this year.
Toyota said it's cutting U.S. production of Tundra pickups, the second such reduction in four months, as record gasoline prices and a weak economy erode demand for large trucks.
Get the full article here.
