Financial Times FT.com

Toyota to shut car plants for 11 days

By Michiyo Nakamoto in Tokyo

Published: January 6 2009 01:39 | Last updated: January 6 2009 17:18

Toyota is halting production at most of its domestic plants over an additional 11 days in February and March, highlighting the impact of the relentless decline in global demand for cars.

Japan’s largest carmaker, which has been a benchmark for quality and efficiency, said it was cutting 18 shifts over 11 days, or the equivalent of nine days’ worth of production at all 12 of its domestic facilities.

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