Japan's auto industry is stagnant and street-sleepers are growing

Since the onset of the financial crisis, the world's auto industry has also been in the cold winter, the major auto giants have cut production and layoffs to survive the winter, in the auto production of Japan, more and more car workers lose their jobs, and some even sleep on the streets. In the vicinity of Toyota Motor City in Nagoya, Japan, more and more people have been camped out on the street by the recent jobless, and have now risen to about 400 people.　　Some unemployed people complained that they had been living in the units of the staff dormitory, and the sudden unemployment so that they do not have the financial resources, food and shelter is a problem, can only put up makeshift tents on the street to live. An unemployed person said: "I was a contract worker, worked hard to support themselves, now unemployed, my meals have become a problem, it really gives me a headache." "As the financial crisis has led to a decline in demand, Toyota, Nissan and other major Japanese carmakers have seen a slump in sales, in order to survive the winter, Japan's major auto giants have announced cuts and layoffs, February 9 this year, Nissan announced that in fiscal year 2009 to cut 20,000 jobs in order to cope with the impact of the global financial crisis.　　Layoffs in the auto industry have led to rising unemployment in Japan. Japan's seven biggest carmakers, led by Toyota, will have a 30% per cent reduction in investment plans for 2009, a news report on Japan's economic news today, which has added to the Japanese car industry's woes.