Exclusive: Toyota plans to cut North American production by 29% through October, source says
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TOKYO (Reuters) - Toyota Motor Corp plans to slash North American production by nearly a third through October and expects it will take some time for output to return to normal, according to a person familiar with the matter.Toyota will build around 800,000 vehicles including its RAV4 SUV crossovers and Camry sedans through October at plants in the United States, Canada and Mexico, the person told Reuters. That is down 29% from the same period last year. The source declined to be identified..