21.   With sales weak and inventories high, the carmakers will have to scale back production this summer, economists said.

22.   Philips placed the blame squarely on the slower U.S. economy, saying it had to scale back production to cut inventory.

23.   Automakers have scaled back production.

24.   Ford and its U.S. rivals are scaling back production to trim vehicle inventories bloated by a domestic sales slowdown.

25.   Japanese factories scaled back production from their initial plans as export demand tapered in line with slower growth in the U.S. and Asian economies, the MITI data showed.

26.   Jan Hommen, the chief financial officer, said the slowdown has left Philips with a major buildup in unsold inventory, forcing the company to scale back production.

27.   Manufacturers have temporarily shut down plants or scaled back production to trim inventories given the economic slowdown.

28.   The bigger-than-expected increase in inventories means companies will keep scaling back production in the face of slumping demand, economists said.

29.   German makers of plant and machinery are expected to scale back production by around two percent this year, the VDMA industry association said on Monday.