Toyota Motor Corp. said it has delayed indefinitely a decision on whether it will make a large pickup truck.
Spokesman John McCandless said a soft vehicle market and an uncertain economy prompted officials to delay their decision.Robert McCurry, executive vice president of Toyota Motor Sales USA Inc., had said in January that the company hoped to decide within 60 days whether it would build a full-size pickup truck.
Toyota currently builds a compact pickup in Japan.
Ford Motor Co. and General Motors Corp.'s Chevrolet Division dominate the highly profitable full-size truck market. McCandless said Thursday the vehicle Toyota is researching is smaller.
"The truck under consideration would define a new segment between compact and full-size," he said. "It would not compete directly with domestic full-size trucks."