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Toyota cuts Prius production: source

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The world’s biggest car-maker Toyota has slashed production of its hybrid-powered Prius model according to a source within the group.

Sales in the United States plummeted about 40 per cent last month, leading a worldwide slowdown in sales from a peak last year.

Two factories in Japan had been building 50,000 cars a month on average – according to the source that will drop to 45,000 from this month.

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