Toyota stays on the sidelines
Slumping auto sales force automaker to close plants for 11 more days
Toyota will keep its global manufacturing plants closed for an additional 11 days in
The Japanese automaker, which had scheduled plant closings a Toyota spokesman told CNN .
Detroit-based automakers continued to slump in the fourth quarter of 2008, with Chrysler its sales dropped 37% , matching the decline of Japanese automakers Nissan and Honda.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey