Toyota Suspends Plant Building in US [ December 16th, 2008 ] Posted in » Toyota Prius
Toyota delays plans to open a new Prius Plant
Plans slated for a new plant to have the 2010 Toyota prius rolling off a US production line are being halted, as Toyota is feeling the pinch by the current recession in the US and falling gasoline prices. The factory in Mississippi where the 2010 Prius was slated to be manufactured, is about ninety percent complete, and Toyota will finish the factory, but without installing the robotic equipment required to assemble the Toyota prius. Toyota has said they will complete the factory and produce the Prius there, sometime in the future.
The $22,000 Prius will also see alot of competition next year as Honda rolls out it's $17,000 Insight Hybrid.