In a move to reduce the impact of the yen's strength against the dollar, Toyota
is planning to finish off its recently-built plant in Tupelo, Mississippi. The plant was started way back in 2006 but had been put on indefinite hold last December
. At this time, only the building shell has been completed and there is no actual car-building equipment installed. According to the Nikkei
newspaper in Japan (via Automotive News
), production is slated to begin by March 31, 2011.
For its part, Toyota spokesperson Barbara McDaniel says, "Nothing has changed on that project. We continue looking at our options, but there has been no decision on when that project will resume." In any case, when the plant eventually does come online, it's expected that Toyota will finally build the Prius hybrid
here in the States.
[Source: Automotive News
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