Toyota Considers Axing Slow Selling Models Amid Uncertain Economic Future
With the trade war between the U.S. and China still squeezing the broader economy as a whole, the resulting pressure has forced automakers to prepare for a possible weakening in the global market scene. General Motors recently offered some of its salaried employees buyouts, and amid the cloud of uncertainty generated by this move, it appears things have shifted into another gear, with Toyota perhaps axing dead weight from its U.S. model lineup. While crucial nameplates such as the Camry, Avalon, and RAV4 will avoid the gulliotine thanks to their high sales figures, and their impressive reputations among various …