According to msnbc.com some motor agencies such as General Motors Corporation, Ford Motor Co., and Chrysler LLC barely survive from their profits in developing plug-in electric cars at a time which they spent billions of dollars. However, these companies fear that price of gas will falls far too low when they bring out the cars next year and that people will not buy them. With this loss of sales in mind, they believe all the high-priced research will have gone to waste.
   GM and Chrysler have been recently surviving on government loans. “Companies such as these can not afford to make mistakes,” according to Frank Klegon, Chrysler’s product development chief.
    The average gas prices fell 58 percent from $4.11 per gallon to $1.74 per gallon during a five-month period from July to December.  This drop has caused problems because automakers now are trying to figure out new designs to match the consumers’ demands.
   In Blue Springs, MS, Toyota’s rescheduled to open their plant in 2010. A spokesman for Toyota’s U.S. arm, Mike Goss said, “Despite investing $300 million in the plant so far, the automaker is delaying production there indefinitely because of the industry wide downturn. The governor of Mississippi, Haley Barbour stated at a news conference that the state invested $200 million in the plant, while local government invested about $35 million. Goss also stated that Toyota plans to work with the state and local governments to decrease extra costs caused by the delay.
   Toyota reported that their auto sales fell 34 percent in November, while sales across the industry dropped to 37 percent.