Toyota, swimming in trucks, cuts Tundra output again

Toyota Motor Corp., the world's second-largest automaker, unveiled its second cut in U.S. production of Tundra pickups in four months as record gasoline prices slash demand for large trucks.

Tundra daily production at the company's San Antonio and Princeton, Indiana, plants will be slowed, spokesman Mike Goss said in an interview, without providing details. Additionally, San Antonio's truck line will halt production for 14 days between now and the end of October, while the Princeton factory is cutting six scheduled production days between now and the end of August on its line that makes the Tundra and Sequoia sport- utility vehicle, Goss said.

Toyota “is considering all kinds of options to make sure we're making the best use of all our production facilities,'' Goss said. There are no plans to concentrate all Tundra and Sequoia assembly at the San Antonio plant, Goss said.