Toyota Slows Camry Production With U.S. Demand for Sedans Cratering
- American new-car buyers are shifting in droves to SUVs
- No Kentucky workers will lose jobs, company spokesman says
Toyota Camry vehicles sit on display at a car dealership in Peoria, Illinois.
Photographer: Daniel Acker/Bloomberg
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Toyota Motor Corp. is slowing down production of what’s been the top-selling car in the U.S. for 16 years running, a telling indication of how deep a slump sedans are in.
The automaker plans to slow one of the three assembly lines at its Camry assembly plant in Kentucky next month, according to Rick Hesterberg, a spokesman. The sedan shares the line with the larger Avalon sedan.