Toyota Says No To Federal Funds: No Plans To Invest In American Battery Plants

Toyota Motor Corp. did not seek U.S. government electric-vehicle or battery-making grants because so far it has no plans to bring that work to the United States from Japan, the automaker's top lobbyist said yesterday.

"We didn't see a need at this point in time to go for those funds," said Josephine Cooper, Toyota's group vice president for public policy and government/industry affairs.

But Toyota supports the government's offering those programs to other automakers and views Nissan Motor Co.'s receipt of $1.6 billion in the U.S. grants as a positive sign, she said.

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Agent009 - 8/7/2009 2:27:08 PM

+1 Boost

Or simply they can invest in a company that has less restrict environment laws and pays workers $15 a month to do it.

upwards - 8/7/2009 11:01:28 PM

+2 Boost

Few GM cars come from Mexico and none from China.

freshseth83 - 8/8/2009 2:33:56 AM

+1 Boost

yeah they do, GM produces cars in mexico and canada and few in the u.s. sorry to say. both countires who's currency is weaker than ours.