NAGOYA, Japan -- Toyota Motor's planned closure of a plant in Japan underscores its predicament as it strives to keep domestic output at 3 million vehicles a year amid headwinds such as looming U.S. auto tariffs and pressure to spend heavily on development.
The Japanese automaker said Friday it will shut down a subsidiary's passenger car plant in Shizuoka Prefecture in 2020 to consolidate much of the factory's operations at the unit's existing facilities in northeastern Japan.
