You know how those Southern Republicans thought taxpayer money shouldn't help out the American automobile industry because it was their own fault they were in trouble, that they just couldn't compete with those foreign companies who were doing just swell without any government help (because they don't consider hundreds of millions from state governments to be "government help)?
We here in Michigan remember that pretty well, don't we?
Well, it turns out things are not quite as sunny for those foreign automakers as the Southern Republicans are letting on.
Toyota is saying it will delay opening its $1.3 billion plant in Mississippi that was supposed to build the Prius. The reason? Falling demand. Sales of the Prius are off almost 48 percent.
Wonder if the state of Mississippi and local governments plan to ask for a refund on the $235 million they gave the foreign company to build the plant?
No comments:
Post a Comment