Proving that it isn’t just a fluke for the greenies, the Toyota Prius because one of the ten best selling cars in May, according to figures compiled by J. D. Power and Associates.
24,000 of the Prius were sold that month, which put it at number nine on the sales charts. That means its sales have tripled in just one year.
Moreover, many of the buyers were trading in bigger cars. In January, fully a third of Prius buyers traded another compact, such as a Civic. But in (...) > Full story
Forbes is a business magazine with a penchant for the good life. And for lists. Every year it publishes provocative lists about lifestyle subjects.
The latest is the “Wheels Women Melt Over.” As the magazines website, Forbes.com, says: “A babe magnet can be a car or even a truck.” It notes that [they’re usally expensive and therefore exclusive; sporty; never boring.” ... “A babe magnet’s effectiveness depends on different tastes, even different locations. But most of all, it (...) > Full story
According to Japanese industrial daily Nikkan Kogyo Shimbun, Toyota is postponing the launch of the next generation Prius by six months.
The question is why.
Toyota previously acknowledged that it would not have lithium ion batteries for the new Prius, because the technology had not sufficiently advanced to permit the use of that type of battery with safety to potential purchasers.
But there may be more to the story.
The Prius is reported to be a loss leader for (...) > Full story
With Summer and the vacations here is allways good to know which are the greatest vehicles for road trips. Even if the gas prices get higher in the last few months, this doesn’t mean the Americans won’t do their usual traveling. "Families will travel closer to home, they will travel for fewer days and will save money by staying in less-expensive hotels and eating in cheaper restaurants. But they will continue to take vacations and plan getaways."
According to latest study, more (...) > Full story
Toyota had hoped the next generation Prius would be equipped with advanced lithium ion batteries, the same general type as General Motors hopes to use in the production version of the Volt show car, thought to be on a timetable for 2010 introduction. But, GM’s car boss, Bob Lutz, has said that production of the Volt depends on making technological advances in batteries, and that current technology won’t support production of the Volt.
Toyota seems to agree.
Winding (...) > Full story
Toyota Motor today announced new "ECO-nomic savings bonus" incentives on 2007 Toyota Prius resulting in savings of as much as $2,000 on certain options packages.
"For more than three years, consumers shopping Prius found short supplies and premium pricing," said Jim Farley, group vice president, Toyota marketing. "Last Fall, we increased production by 50 percent, ensuring an ample supply. Beginning in mid-January, we added mild price incentives. The added supply (...) > Full story
Toyota Motor Corp plans to increase production of its most popular hybrid car – the Prius – up to 50% (300.000 units)
The paper said the automaker would shift production of other models away from plants where it produces Prius sedans and use the vacant equipment to increase output while limiting additional investment. A Toyota spokeswoman could not immediately confirm the report.
Toyota on Wednesday lifted its interim net profit outlook by a third and mapped out a plan to keep cranking up (...) > Full story