Toyota Planning To Ramp Up Production 30% In May

After deep cuts in recent months to reduce a stockpile of cars left by the global economic crisis, Toyota Motor Corp. will boost domestic production in May, an official said on Feb. 18.

Toyota, the world's biggest automaker, plans "slightly higher" output in May because it has managed to reduce its inventories and also has new vehicle launches coming up, a company spokesman said. Toyota will decide later on the size of the output increase based on how many vehicles it is selling, he said. The company plans to continue to halt production lines on some days in April.

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_43LE - 2/18/2009 1:27:45 PM

+1 Boost

Your point being?

_43LE - 2/18/2009 2:28:29 PM

+2 Boost

What would you suggest that they do? If GM, or any other carmaker were in the same situation, what should they do? If BMW was boosting production of the 3 series, should they do it in the US or in Germany?

_43LE - 2/18/2009 3:31:53 PM

+3 Boost

I would not think so because generally it is cheaper to produce overseas and the US companies over the years have decided to move more production overseas. Corporations are really about the bottom line and making money is more important to them than people (contrary to what they want you to believe).

theoptimisticpessimist - 2/18/2009 3:56:11 PM

-2 Boost

With current negative U.S economic projections and the 4th quarter collapse of the Japanese economy (down 12%). I believe the chance of this ramp up happening are about the same as my walking into my Lexus dealership and driving away a new LF-A tomorrow.