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Cut costs now or face uncertain future, Toyota warns US workers

Published Tue, Nov 21, 2017 · 09:50 PM
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Chicago

TOYOTA Motor Corp issued an unsettling warning to Kentucky workers building its top-selling Camry sedan: Cut costs now or face an uncertain future.

The automaker can build a Camry in Japan, ship it all the way to Kentucky and make more money selling that car than from one built at Toyota's factory in the state, the plant's president told employees in a 21/2 minute-long internal video obtained by Bloomberg News.

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