Toyota Reduces North American Production



    ERLANGER, Ky., Jan. 15 /CNW/ -- Toyota has scheduled additional
non-production days at several North American manufacturing facilities over
the next few months in response to high inventory levels caused by slow
industry sales.  The number of non-production days varies by assembly line and
model.
    On average, inventory of Toyota's North American built vehicles ranges
from 80-90 days.  With the new production adjustments, Toyota hopes to reduce
inventory by about half in the second quarter of the year.
    "This is a tough environment, and it may continue for a while.  We are
making responsible business decisions now in order to sustain our business
over the long term," said Jim Wiseman, vice president of external affairs for
Toyota Motor Engineering & Manufacturing North America (TEMA).  "In addition
to slowing production we are redoubling efforts to cut costs at each of our
facilities.  Further actions and sacrifices may be necessary, but we will
continue to do everything possible to assure the viability of our plants and
protect the long term employment security of our team members."

    Following is a summary of the number of anticipated non-production days
scheduled during the first quarter of 2009.  Some January days were previously
announced:

    
    Plant             Line                January     February     March-Apr.3
    Kentucky          Camry/Avalon            7            1           9
                      Camry/Hybrid/Venza      7                        5
                      4 cylinder engine       8            3           9
                      V6 engine               8            2           9
    Indiana           Sequoia                                         17*
                      Sienna                  9            8          13
    California        Corolla                 8            3          10
                      Tacoma                  8            7          10
    Canada            Corolla/Matrix          8            4           5
                      RX350                   5
                      RAV4                    5
    Texas             Tundra**                                         3
    Subaru Indiana    Camry                   4
    West Virginia     6 speed transmission    6            4
                      5 speed transmission    8            6           7
                      4 cylinder engine       7            4           5
                      V6 engine               9            4           5
    Alabama           4.7 V8 engine           8            2          16***
                      V6 engine               1            4           5
                      5.7 V8 engine                        1           5
    
    *   Most of the non-production days for Sequoia are due to retooling of
the same line to include Highlander production, which begins late 2009.
    **  In addition to 3 non-production days in March, Tundra production will
remain at the equivalent of one shift until the market improves.
    
    *** Includes build-out of current engine.

    




For further information:

For further information: Mike Goss, Toyota, +1-859-746-6676

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