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Toyota to Halt Output for 11 Days in Japan
Updated from 12:18 a.m. EST
By Shino Yuasa
TOKYO -- Toyota(TM Quote) is suspending production at all 12 of its Japan plants for 11 days over February and March, a stoppage of unprecedented scale for the nation's top automaker as it grapples with shrinking global demand.
The last time Toyota halted production at all its Japan plants was in August 1993, when demand plunged because of a rising yen, and that was for only one day, according to the company. ...
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