Toyota freezes hybrid plant work

| No Comments | No TrackBacks

It turns out that hybrids are not recession-proof after all. Prius manufacturer Toyota said that they are suspending the construction of their new plant in Mississippi because of the downfall in US auto demand.

The plant was expected to produce Prius hybrids beginning in mid-2010. Toyota said they have no timetable in resuming the project.

According to Associated Press, the facility is 90% completed but equipments have not been ordered yet. Total US Toyota sales is said to have fallen by 34% in November.

No TrackBacks

TrackBack URL: http://www.icis.com/cgi-bin/mt/mt-tb.cgi/42760

Leave a comment

Want a user icon? Get a Gravatar!

About this Entry

This page contains a single entry by Doris De Guzman published on December 16, 2008 1:32 PM.

Biosuccinic plant underway was the previous entry in this blog.

California's green chemistry rules is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.