In response to large-vehicle sales reaching record lows in North America, Toyota announced tentative plans to begin exporting the Tundra pick-up truck and Sequoia SUV. Explaining Toyota’s plan [still in the preliminary stages of implementation], Steve St. Angelo, president of Toyota Motor Manufacturing Kentucky, said that the large vehicle market overseas isn’t nearly as dismal, there could be a sizable niche for exported pick-ups and SUVs [see: military junta fleet sales].
According to Toyota reports, sales of the Toyota Tundra were down this past month 15.2% while the Toyota Sequoia enjoyed a momentary break from the trend with a 32.8% increase this month. After recording high inventories of both vehicles, however, on Friday, August 8th, Toyota began idling plants responsible for production while they attempt to navigate through the rocky economy. Production is scheduled to resume in mid-November, but the near future for the Tundra and the Sequoia on American soil is looking grim.
[Source: Automotive News]