logo


Toyota May Use JV Plant With GM to Produce Prius Hybrid: Official
Thursday, July 02, 2009 10:59 AM


(Source: Kyodo News International, Tokyo)trackingBy Kyodo News International, Tokyo

Jul. 2--NAGOYA -- Toyota Motor Corp. is leaving open the possibility of continuing alone a car manufacturing plant in California to produce its best-selling Prius hybrid after General Motors Corp. withdrew from the joint venture, a senior company official said Thursday.

"We've upgraded the facilities during the past five to six years," the official said. "It would be physically possible to manufacture the Prius."

"A shutdown is also an option, but it would be very challenging for Toyota, which has little experience in closing down big plants," the official added.

Japan's top automaker is still weighing both options for the 25-year-old joint venture plant, called New United Motor Manufacturing Inc., after the bankrupt U.S. auto giant recently announced withdrawal as part of its restructuring program.

But other officials also say it may be difficult to bring the Prius production to NUMMI unless demand in the battered U.S. auto market shows a strong recovery.

Toyota is currently delaying the start of operations at a Mississippi plant which was scheduled to begin production of the gasoline-electric hybrid from next year.

NUMMI was a beachhead for Toyota's entry into the U.S. market and emerged at the height of frictions between the U.S. and Japanese auto industries.

-----

To see more of Kyodo News International, go to http://www.kyodonews.com

Copyright (c) 2009, Kyodo News International, Tokyo

Distributed by McClatchy-Tribune Information Services.

For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

GM, TM, 7203,

A service of YellowBrix, Inc.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia