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Toyota Stops Expansion

By: Jaimie Weiss

Updated: June 20, 2007

Toyotas US expansion may be about to stop. The Wall Street Journal reports that executives at Toyota plan to urge the company to stop building plants in North America. The article says toyota is concerned about the uncertain US auto market even though its sales continue to grow. It also says a cheap yen makes it more profitable to build cars in Japan and import them to the US. Toyota will have eight assembly plants in North America by 2010 -- including the one in Gibson county

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