2008-12-16

Toyota Puts Off Opening of Prius Plant in South. By Brent Snavely, Detroit Free Press, December 16, 2008. "Toyota Motor Corp. said Monday that it will delay production at its factory in Blue Springs, Miss., where it is planning to begin assembly of the Toyota Prius hybrid car, because of a steep decline in industry sales. The Japanese automaker said it plans to finish construction of the plant, which is about 90% complete, but it will postpone the installation of equipment and delay production. Toyota said its board in Japan made the decision Sunday night as a reaction to the grim economic conditions. But at least one analyst said low gas prices might also be a factor."

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