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Toyota Looks For A Halt In Production At UK Facilities
After halting production in Japan and the US, Toyota has announced a plan to halt production at its UK and French plants. Initial reports suggested that the halt at UK will be for 8 days and will impact the manufacturing plant at Burnaston in Derbyshire and Deeside in the Wales. However, there are unconfirmed reports that talk of a 2 week hiatus in production at the UK plants. This move will impact 4000 workers across the 2 plants and there is no clarity on whether the break in production will be a paid company holiday or if it will cost the employees.
Toyota’s Redemption Efforts Intensify
The top management of Toyota is in the middle of a US Congressional hearing. With Mr. Akio Toyoda getting ready to take the concerns of the Congress in an attempt to re-build the shaken trust in the Toyota brand, it is expected that the Toyota Empire may escape with a chance to redeem itself after the recent recall fiasco.
Toyota Prius Adds Misery To Company’s Reputation
It is expected that Toyota Prius may be recalled in the US and Japan sometime this week.
There Are Several Options Concerning Credit Cards Offering Gas Rebates
With the crunch that the economy is currently in, most businesses are looking for a way to bring customers in and keep them spending so they can stay alive. This is especially true for credit cards, who are struggling to stay alive with the credit crisis which is happening all over the world. In order to keep their customers using, credit cards offering gas rebates have become quite popular.
Auto Industry’s Biggest News of 2009 – GM’s Bankruptcy
In 2010, it will be a good time for us to evaluate what went wrong for the auto sector in 2009. And when we talk about the biggest disappointment of 2009, then we need to be careful in doing so as the effect is one of the biggest names of the auto industry.
