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Toyota Puts Latest U.S. Plant On Hold

Agent009 submitted on 5/12/2008 Official Bell & Ross Timestamp: 1:33:23 PM

8 user comments | Category: Misc News | Source: | SOURCE: www.detnews.com

A senior Toyota executive said Monday that plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.

S. economic slowdown.

The vehicle assembly plant being built in Blue Springs, near Tupelo, Miss., was initially to be up and running by late 2009 or early 2010, said Toyota Motor Corp. Executive Vice President Mitsuo Kinoshita.

That has now been pushed back to mid-2010 after Toyota reviewed the plans and considered the signs of a slowdown in the U.S. market following the subprime mortgage crisis, Kinoshita told a small group of reporters at a Tokyo hotel.



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Toyota Puts Latest U.S. Plant On Hold

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Agent009

"If everything seems under control, you're just not going fast enough."

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User Comments

lexusrox123

what's with all this anti-toyota "news" being posted all the time? who cares!

— lexusrox123 (View Profile)

Posted on 5/12/2008 2:04:04 PM | reply to this comment | Votes: -4   

toolatetorace

they are just the facts , just the facts

— toolatetorace (View Profile)

Posted on 5/13/2008 8:51:39 AM | | Votes: 1   

carchick

I don't think it's anti-toyota - but it is a sign of the american car market, no?

— carchick (View Profile)

Posted on 5/12/2008 3:18:14 PM | reply to this comment | Votes: 2   

bayareaspeedracer

nice fake photo, carchick.

— bayareaspeedracer (View Profile)

Posted on 5/12/2008 4:03:08 PM | | Votes: 1   

phistration

Evilm, you have no idea what you are talking about. Even from a strictly financial view point it costs Toyota more money to build cars in Japan and sell them in the US than it does to just build and sell them here. Some people have no clue about what they are talking about. Toyota does care about the American public if even just for financial reasons. We are their biggest profit center.

— phistration (View Profile)

Posted on 5/13/2008 8:38:37 AM | reply to this comment | Votes: 0   

toolatetorace

Mississippi ???!!!! Wow ! they are really looking for cheap labor

— toolatetorace (View Profile)

Posted on 5/13/2008 8:53:03 AM | reply to this comment | Votes: 3   

deepwater

Toyota loses Prius patent appeal, Toyota answer not to invest.

— deepwater (View Profile)

Posted on 5/16/2008 8:56:00 AM | reply to this comment | Votes: 1   

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