As reported last week, Toyota’s president of Toyota Motor Sales in the U.S., Jim Lentz, will be meeting with Obama’s auto task force this Wednesday. It was immediately confirmed that Lentz will not be asking for any loans and is not trying to influence the Treasury’s decision on the U.S. auto industry.
However, it is now reported that Lentz will be raising concern about the state of the U.S. auto parts sector when he meets with the auto task force, a Toyota source said.
Unlike General Motors and Chrysler, Toyota has not been hit hard by the sales downturn in the United States. Nonetheless, Toyota does rely on many of the same auto parts manufacturers for its U.S. production facilities.
Source: Detroit News