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Toyota plant will stop manufacturing during the May holidays

20 апреля 2009 г.

As  was clarified by the company this decision was made due to the unstable situation on the automobile market,  noting that then the employees will get 2/3 of their salary. According to the Association of European business data, which is carrying out regular Russian automobile market monitoring, the sales of new motor cars of all brands in Russia collapsed by the record- braking 47% compared to March 2008.

Toyota sales in the first quarter of 2009 in Russia has declined in comparison to the similar period of the previous year by 46% to 19 thousand 356 automobiles. According to the “Bank Moskvy” analyst Mikhail Lyamin, the sales will fall most substantially exactly in this segment where Toyota is considered to be the recognized leader.”It’s not a surprise because the price segment of automobiles which Toyota is manufacturing and selling, is mostly subjected to decline in demand. And we can say that the situation in automobile industry is getting worse and according to the results of the year the decline in sales in the Russian automobile market will at least amount to 40%”, the analyst of the bank expressed his point of view.

The plant Toyota in Shushari started working on the December 21, 2007. The capacity of the enterprise amounts to 20 thousand automobiles Toyota Camry a year. More than 750 employees are working in the plant. The investments in constructing of the plant were 5 billion roubles.
 

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