Toyota may delay new models to improve quality

Toyota Motor is considering adding three to six months to the development cycle for a variety of new projects in an effort to address the quality problems that have dogged the company in recent months.

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Toyota Motor is considering adding three to six months to the development cycle for a variety of new projects in an effort to address the quality problems that have dogged the company in recent months.
A Wall Street Journal article identified the next Sienna minivan, Solara coupe and Avalon sedan as three models that could be delayed, although a company spokesperson would not comment on specific product plans.

Analysts don’t expect a significant financial impact from Toyota’s quality issues.

[Source: Reuters]

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