Toyota has started to rationalize its model offerings in the U.S. market in response to declining auto sales. That can be seen in global revenues that fell 2.3% on year earlier in the third quarter as well as a 1.7% drop in global production in the 12 months to Sept. 30. In particular Toyota will stop selling the Yaris sub-compact in the U.S. That shouldn’t be a surprise after seaborne imports of the model to the U.S. fell 31.6% in the third quarter year over year vs. 2.5% for all Toyota’s models. Looking ahead Toyota’s supply chain decisions will depend on more than just sale. U.S. tra...
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