Companies
Toyota slowing UK and Turkey output
Posted 08 August 2008 @ 09:26 am GMT
Toyota Motor Corp the world's largest carmaker, said it was slowing production at plants in Britain and Turkey and would downsize its contract workforce there to meet weakening demand in Europe.
"In response to demand conditions recently in Europe, we are adjusting our production flexibly through such steps as a change to TAKT time," a company spokeswoman said, referring to the time spent to roll out each vehicle.
Toyota will not renew contracts for some temporary workers but would retain full-time staff, she said.
The company declined to reveal targets for the production and contract staff reductions but the company reported on Thursday that sales were sliding in North America, Western Europe and Japan.
(Reporting by Yumiko Nishitani)
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