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Why Toyota Only Sold One Prius in China Last December
There's a Bloomberg article making the rounds right now (and an Ars Technica article citing it), in which Bloomberg noticed that Prius sales fell off of a cliff in China, and only ONE UNIT sold in December!
They go on to speculate that it's because of the new Prius's styling, and the fact that Prius production ended in China in 2015, so any new Priuses are subject to high import taxes. They even compare Chinese-market Prius pricing to that of the Audi Q3, as an example of those high import taxes.
There's only one problem.
The Gen 4 Prius isn't sold in China, at least per Toyota's Chinese-market website. The production that stopped in China was aligned with the Gen 3's discontinuation (in Japan, Toyota changed over to the Gen 4 in December 2015). And, the Chinese market pricing is of the Gen 3, which isn't subject to the import taxes.
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What Drives Us Podcast - #218 Drowning Flowers - What Drives Us
With thanks to 0101Zero for this week’s title. Here’s the links to this week’s stories… Russell’s rant Breathing gets more difficult Repeat after me, there is no such thing as clean diesel Car companies insist on being evil, all of them and the original story Mark Bolt autonomous driving Tony Toyota recalls all 1100 US […]
Read more about this episode on WhatDrives.Us
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