2010 Prius price slashed in Japan?

TOKYO - Toyota Motor Corp. is going for the jugular with its upgraded Prius, setting a 2.05 million yen starting price ($20,750) in Japan that is on par with the newly released Honda Insight.

Toyota notified Japanese dealers of the cutthroat pricing policy for its redesigned 1.8-liter gasoline-electric hybrid on March 25, dealers here say.

Toyota has not yet officially announced pricing and declined to comment.

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