Toyota Halts Production at Tianjin Venture Amid Weak Sales

The Japanese automaker is adjusting production in response to changes in vehicle models and slowing sales of gasoline-engine cars.

Toyota has halted production on some aging lines at a joint venture in Tianjin, China due to weak sales.
The production halt is a planned move, with Toyota adjusting production based on changes in vehicle models.
The suspension is part of a major production adjustment in response to weak sales of gasoline-engine cars.
Slowing sales in China pose a growing challenge to Toyota, which accounted for nearly a fifth of Toyota's worldwide sales.
Last month, Toyota had informed dealers that it would extend a plan to reduce output at the FAW venture.