Toyota gears down production

The newest auto assembly plant in Canada, whose official opening was celebrated just last week, will shut down during the first week of January as Toyota Motor Corp. throttles back production amid a massive, industry-wide drop in North American vehicle output in the first quarter of 2009.

Toyota's Woodstock, Ont., plant opened with a visit from Ontario Premier Dalton McGuinty, the company's chief executive officer Katsuaki Watanabe and a robot playing O Canada on a trumpet. But Toyota will shut...
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