Toyota City slumps along with its namesake
“When Toyota sneezed, we caught pneumonia”
Detroit isn’t the only city suffering along with the auto industry’s misfortunes. In Japan, the once booming Toyota City is in a deep slump. With a population of 423,000, this company town is entirely reliant on Toyota Motor, and as jobs there have dried up, the local unemployment office in Toyota City has been overflowing with 1,000 job seekers a day. “When Toyota sneezed, we caught pneumonia,” one city official tells the New York Times. “We never imagined this would happen to the world’s No. 1 company.”
Related Posts
General
Maclean’s 2022 Student Survey Contest Rules
CONTEST RULES (the “Official Rules”) Maclean’s Student Survey 2022 Contest (the “Contest”) WHO ARE THE SPONSORS?...
Life
Debating the pros and cons of Daylight Saving Time
Ahead of the end of this year’s daylight saving on Nov. 7, Shannon Proudfoot breaks down the pros and cons of the increasingly unpopular practice
General
Maclean’s Registration wall FAQ
You can read five Macleans.ca articles every 30 days. To read more, you must create an account or log in to an existing...
Get the Best of Maclean’s straight to your inbox.
Sign up for news, commentary and analysis. Join 60,000+ Canadian readers.