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Toyota Motor Corp. has worked hard to demonstrate how American a car company it can be. The company bought naming rights to the Toyota Arena in Houston (and the connected Toyota Tundra garage), built a truck plant deep in the heart of Texas and even joined NASCAR. Now Toyota is really behaving like its Detroit cousins: it's shedding production because of slow sales...

Author: /time Magazine | Title: Toyota Cuts Back on Trucks | 7/11/2008 | See Source »

...Production will halt at both the new Tundra plant in San Antonio, Texas, and one in Princeton, Ind. where the Sequoia was scheduled resume production in early November. "The truck market continues to worsen, so unfortunately we must temporarily suspend production," said Jim Wiseman, vice president/external affairs for Toyota Motor Engineering & Manufacturing North America...

Author: /time Magazine | Title: Toyota Cuts Back on Trucks | 7/11/2008 | See Source »

...Toyota employees in Texas and Southern Indiana, as well as at the automaker's motor plant in Huntsville, Ala., which builds V8 engines for Tundra and Sequoia, will continue to be provided various work projects through a program similar to the much-criticized "Jobs Banks" used by Detroit automakers that have supported workers during production cuts. "By using this downturn as an opportunity to develop team members and improve our operations, we hope to emerge even stronger," said Wiseman...

Author: /time Magazine | Title: Toyota Cuts Back on Trucks | 7/11/2008 | See Source »

...shutdown will affect more than 10% of Toyota's 43,000 employees in the U.S. Toyota is also scrambling to rebalance its manufacturing operations to accommodate its best sellers. The company said it will build hybrid Priuses at a plant now under construction in Blue Springs, Miss. The Blue Springs plant is scheduled to open in 2010. The Highlander crossovers that were supposed to be made in Mississippi will be made in Indiana instead, and all pickup trucks will be made exclusively in Texas, according to Toyota...

Author: /time Magazine | Title: Toyota Cuts Back on Trucks | 7/11/2008 | See Source »

...Endeavour just under two miles (3.2 km) off the coast and led a small landing party ashore. They poked around what is now the burgeoning (and quaintly named) Town of 1770, at the mouth of Round Hill Creek - over three miles (5 km) north of Agnes Water. After collecting plant specimens and noticing smoke rising from Aboriginal campfires in the distance, they sailed off the following...

Author: /time Magazine | Title: Sea Change | 7/9/2008 | See Source »

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