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Beginning next month, Toyota will slow down one of its three assembly lines at its Georgetown, Kentucky plant. Aside from building the Avalon and Lexus ES, Georgetown is home to the Camry - the best-selling car in the U.S. for the past 16 years. “The auto industry is cyclical, and our normal process is to proactively plan months in advance for volume adjustments,” said Rick Hesterberg, a Toyota spokesman to Bloomberg. Hesterberg declined to comment on how much production would be reduced by the slowdown. He did say that none of the 8,000 permanent workers or 1,500 temps will be laid off during this slowdown. Demand for the Camry has been slipping for the past few years as buyers are opting for SUVs and trucks. So far in 2018, Camry sales have 6.1 percent when compared to the same time last year. Source: Bloomberg View full article -
Toyota Makes the Call, Plans on Slowing Down Camry Production
William Maley posted an article in Toyota
Beginning next month, Toyota will slow down one of its three assembly lines at its Georgetown, Kentucky plant. Aside from building the Avalon and Lexus ES, Georgetown is home to the Camry - the best-selling car in the U.S. for the past 16 years. “The auto industry is cyclical, and our normal process is to proactively plan months in advance for volume adjustments,” said Rick Hesterberg, a Toyota spokesman to Bloomberg. Hesterberg declined to comment on how much production would be reduced by the slowdown. He did say that none of the 8,000 permanent workers or 1,500 temps will be laid off during this slowdown. Demand for the Camry has been slipping for the past few years as buyers are opting for SUVs and trucks. So far in 2018, Camry sales have 6.1 percent when compared to the same time last year. Source: Bloomberg
