Friday, May 30, 2008

Toyota Reportedly in Talks with GM for Production of Prius in California

Citing unnamed inside sources, daily Japanese newspaper “Tokyo Shimbun” reported today that Toyota and GM are in talks about producing the Prius, now made in only Japan and China, at their joint venture plant in Fremont, California. The report said that Toyota’s is planning to export the main components of the Prius from Japan and assembling the hybrid car at the Californian plant.

Asked about the report, Toyota said that it hasn’t made any final decisions yet. “Nothing has been decided on production of Prius at the joint venture New United Motor Manufacturing Inc., even though Toyota is always seeking ways to build the most appropriate production system," said Toyota's spokesperson

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