Toyota Cuts U.S. Output of Top-Selling Camry Sedan
Toyota Motor Corp. will lower its output of Camry sedans in the U.S. next month because of sagging demand for what had been the market’s best-selling car for 16 years.
Toyota Motor Corp. will lower its output of Camry sedans in the U.S. next month because of sagging demand for what had been the market’s best-selling car for 16 years.
The company will reduce production on one of three assembly lines at its factory in Georgetown, Ky., Bloomberg News reports. Toyota says the plant’s other two Camry lines won’t be affected and no jobs will be cut. The company declined to say how many units of production will be eliminated.
U.S. demand for Camrys dropped 6% to 289,800 units in the first 10 months of 2018. Sales peaked in 2014 at about 380,000 units and have slowly declined since then, in spite of a major redesign last year.
Bloomberg notes that Toyota’s RAV4 small crossover vehicle has outsold the Camry since mid-2016.