Toyota pushes back production at Mississippi Prius plant
December 15th, 2008
The precipitous drop in new vehicle sales in the U.S. has hit SUVs and trucks the hardest with small cars and hybrids rapidly gaining market share. That up-tick in share isn’t enough to offset the overall slump in volume, however, as even Toyota has decided to put off U.S. production of the Prius due to the slowdown.
A plant in Blue Springs, Mississippi, currently under construction, will be finished anyway, since it is 90% complete. The decision has been taken to delay installation of the equipment required to actually build the cars, however, because there just isn’t enough demand to support the extra production, reports the Detroit Free Press.
“This likely means that start of production will be delayed.
