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Toyota Halts Venezuela Production as Car Sales Fall

Toyota Motor Corp., the world’s largest automaker, is halting production in Venezuela as the South American country faces a shortage of hard currency.

The company is suspending production in Venezuela from Feb. 13 due to a delay in receiving customs clearance for parts, Shino Yamada, a Toyota spokeswoman, said today in an e-mailed response to questions, adding that there was no timeframe for the resumption of output.