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Domestic automakers shutting down
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No, this isn't the same old story about trouble at Ford, GM and Chrysler. It's about Toyota having to shut down plants in Japan for eleven days this month because of steep declines in sales. The story reports that Toyota sales were down 37% last month, more than sales reductions for either GM or Ford.

Last month, Toyota reported an annual loss for the first time in the company's 70-year history.

The story also reports that Toyota is shutting two truck plants in the United States for three months.

Tags: Economy
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