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Toyota Cuts Worldwide Production by 20%

Toyota logoLast month Toyota took the top sales spot from GM on a world-wide basis. This month Toyota decied to cut back it’s global production by 20%.

That means that Toyota will cut back on last year’s production figures of 8.2 million vehicles to 6.5 million vehicles. I’ll let you do the maths but when you divide 6.5 million by 365 that’s still a huge number of vehicles rolling off the production line every day of the week.

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