13/08/2008 11:28. It may have recently passed GM to become the world's number one
automaker, but even mighty Toyota isn't immune from the
deteriorating U.S. market. Even before reporting a 38.9 percent
drop in profits, the company predicted a sales slowdown in 2008 and
moved to cut production of its full-size Tundra pickup and Sequoia
SUV. But due to slumping demand, some factories that build these
vehicles are now offline, and Toyota doesn't like paying... //
TruckTrend Magazine 