Toyota to Cut Domestic Production - FOXBusiness.com TOKYO--Toyota Motor Corp.(TM) said Wednesday it will reduce production in the United States to cope with slowing sales in the world's largest economy. Earlier this month, Toyota said net profit for the July-September quarter plunged 69 percent and downgraded its full-year profit forecast to about a third of last year's result. Officials said the company is also assessing its manufacturing operations.