Toyota may make bigger hybrid car than Prius in North America
Toyota Motor Corp. may manufacture hybrid cars bigger than its popular Prius in North America, President Fujio Cho said Tuesday.
As big cars are selling well in the U.S. market, "we will consider whether we should go with the Prius or a bigger model" for local production of hybrid cars that run on electricity and gasoline, Cho said at a press conference to release a new minivan.
With the environmentally friendly Prius arousing strong demand in North America, Toyota plans to begin local production of hybrid cars in the near future.
Possible candidates for North American production are said to include the Lexus RX400 sport-utility vehicle and the Camry midsize passenger car.
In China, Toyota will begin producing the Prius jointly with China FAW Group Corp. next year.
Meanwhile, Toyota began selling its new seven-seater minivan Isis on Tuesday, hoping to recover its lost share of the domestic market for minivans.
Toyota offers 1.8- and 2-liter engine models in the Isis family at prices ranging from 1,785,000 to 2,730,000 yen, with a monthly sales target of 4,000 units.
According to Toyota, the biggest Japanese automaker captured 56.8 percent of the domestic market for minivans last year but saw the share drop to 51.8 percent in the first eight months of this year due to strong sales of rival models such as Honda Motor Co.'s remodeled Odyssey.
Source: http://asia.news.yahoo.com/040928/kyodo/d85cmeqo0.html
Toyota may make bigger hybrid than Prius in North America
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by jkash, Sep 28, 2004.