Toyota to Reduce Production in U.S.

TOKYO -- Toyota(TM Quote) said Wednesday it will reduce production in the U.S. to cope with slowing sales in the world's largest economy.

Toyota will stop production at all its plants in the U.S. and Canada for two extra days in addition to the regular Christmas holidays next month, and cut about half of 500 temporary workers at a plant in Georgetown, Ky., by March, said spokeswoman Kayo Doi.

Beginning in January, Japan's top automaker plans to reduce production of the Sienna minivan at its Indiana plant, and slow a line for the Camry and Avalon sedans at the Kentucky plant, Doi said. ...